Sally and Suzy are forming a small business, 'The Sunny SeaShore Sailing School', where they are going to hold sailing lessons and provide sailboat rentals. While Sally and Suzy want to minimize their taxes (like everyone), they also recognize that there is very high liability in the sailing and boat rental business. Their reputable attorney, Michelangelo Aventura, advised Sally and Suzy that they MUST pick a business type which minimizes their personal liability, as one boat sunk or person lost on a sailing school voyage could mean millions of dollars of liability and personal bankruptcy. Based on Aventura's advice, and their desire to minimize taxes, what type of business should Sally and Suzy start?

Group of answer choices

A Corporation ('C Corp')

A Partnership

A Limited Partnership

An LLC

None of the above.