Gertruda Klump, the manager of the Regent has decided to open and manage her own hotel with her best friend, Claude who will also have an ownership interest.In light of the recent lawsuits, she is very concerned regarding personal liability for the debts and obligations of the business.Gertruda also doesn't want to pay more taxes than necessary.Which of the following would provide her the best balance between liability and taxes under these circumstances?

Group of answer choices

Sole Proprietorship

Limited Liability Company

General Partnership

Limited Partnership