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Thomas Mansfield wants to start a store where he sells antique architectural features that he salvages from old houses that are torn down. He knows

Thomas Mansfield wants to start a store where he sells antique architectural features that he salvages from old houses that are torn down. He knows what decorators want in terms of doors, windows, mantels, and so forth. He does not, however, have all the funding he needs to get started. He has invited his parents to invest $45,000 in the enterprise and told them that they would have liabilities in the firm equal to but no greater than their investment. Mansfield is attempting to form a with his parents.
joint venture
cooperative
closely-held corporation
general partnership
limited partnership
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