Malcolm operates Serenity Travels, a sole proprietorship. To raise capital, Malcolm contacts Inara, who has a lot
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Question:
Malcolm operates "Serenity Travels", a sole proprietorship. To raise capital, Malcolm contacts Inara, who has a lot of money and is willing to invest in his business. If Malcolm wants to make Inara an owner, but wants to keep all of the management duties for himself, the best type of business entity to form would be a:
a.Limited Liability Company
b.Corporation
c.Limited Partnership.
d.General Partnership.
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