Grace and William do business as Final Curtain Decorators. In most states, this partnership would be treated as

Group of answer choices

An aggregate of the individual partners for the purposes of holding title to property but a natural person for federal income tax purposes

An individual entity for the purposes of holding title to property but an aggregate of the individual partners for federal income tax purposes

An individual entity for the purposes of holding title to property but a natural person for federal income tax purposes

A non-entity for the purposes of holding title to property but an aggregate of the individual partners' for federal income tax purposes