Question $2$

FoodieGo, a catering company, is owned by foreign investors and local businessmen. Its earnings

are equally divided among its members. It does not face the problem of double taxation as taxes

are only levied on the personal income of the members. The owners of FoodieGo do not have

personal liability for any debts incurred by the company. In the given scenario, FoodieGo is an

example of a

limited liability company

corporation

limited partnership

sole proprietorship