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Trina is thinking of setting up a new caf business in Oakland. She has life-savings of $50,000 that she has available to invest into equipment,
Trina is thinking of setting up a new caf business
in Oakland. She has life-savings of $50,000 that she has
available to invest into equipment, inventory, and
decorating the caf. She will also have to sign a multi-
year lease with a landlord, for $2,000/month, and hire at
least two employees to help run the business. Knowing
that many restaurants do not survive the first year of
business, which type of business entity listed below
would be safest for Martina?
a. Sole Proprietorship
b. General Partnership
c. Corporation or LLC
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