In order to protect his personal assets and provide him a stronger possibility of getting funding for his business, Carlton decided to form a ________ as his legal structure. Even though this requires more paperwork and creates double taxation on profits, Carlton felt this was the best type of business entity. Eventually, he will also want to sell shares of stock in his company, so this is the first step to accomplish that goal.

a.Cooperative

b.Limited liability partnership

c.Sole proprietorship

d.Corporation