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Marissa and Raj are equal general partners in a business. They are content with their current management and tax situation but are uncomfortable with the
Marissa and Raj are equal general partners in a business. They are content with their current management and tax situation but are uncomfortable with the idea of unlimited liability. If they wish to remain as the only two owners of the business, which form of business entity should they consider to replace their current arrangement?
Multiple Choice
Sole proprietorship
Limited liability company
Limited partnership
Corboration
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