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Kerry Donovan plans on opening Donovan's Fashion Designs. She is consideringthe various types of business organizations and wishes to organize her business withunlimited life and

Kerry Donovan plans on opening Donovan's Fashion Designs. She is consideringthe various types of business organizations and wishes to organize her business withunlimited life and limited liability features. Additionally, Kerry wants the option toraise additional equity easily in the future.

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  1. Which type of business organization will meet Kerry's needs best? Give arguments to support your answer.
  2. Name two other types of business organization and explain each.

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