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. Tuan and Ella are going to establish a business. They expect the business to be very successful in the long run, but project losses
. Tuan and Ella are going to establish a business. They expect the business to be very successful in the long run, but project losses of approximately $100,000 for each of the first five years. Due to potential environmental concerns, limited liability is a requisite for the owners. Which form of business entity should they select?
- General partnership.
- Limited partnership.
- C corporation.
- S corporation.
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