Ten friends want to start an amusement park business. One of the friends is a French national living in Singapore. They have the capital to build and maintain the park which will have a number of high-thrill rides. They expect the park to draw many visitors, especially teenagers. There will be a food court with a separate restaurant serving liquor. The ten are not sure yet who will manage the business and are considering a number of options. They want to share profits and losses equally and have the best tax treatment possible. Which of the following business entities is their best option?

a)General partnership

b)Corporation

c)Limited partnership

d)Limited Liability Company