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Romo is starting a new business. His top priority is limited liability, but he is also concerned with the ability of the company to raise
Romo is starting a new business. His top priority is limited liability, but he is also concerned with the ability of the company to raise capital. At some point, he would like to be able to easily sell interests in the business to other investors or perhaps to even take the company public, so he does not want to limit the number of potential owners. Which of the following entities would best suit Romos needs?
Group of answer choices
a. C corporation.
b. S corporation.
c. LLC.
d. Partnership.
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