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Two friends decide to purchase a number of McDonald's franchises. They both want to be actively involved in the management of the business and do
Two friends decide to purchase a number of McDonald's franchises. They both want to be actively involved in the management of the business and do not expect to need additional capital. They are able to obtain sufficent insurance coverage for their business. Which of the following is the best choice of entity for their business?
a)Limited liability partnership
b)General partnership
c)Corporation
d)Limited partnership
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