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Two people are starting a business and have asked you for advice about whether they should form a partnership, a corporation, or some other type

Two people are starting a business and have asked you for advice about whether they should form a partnership, a corporation, or some other type of entity. Post a few question, along with a reason for asking that question. Erica, on the other hand is also starting a business, and has decided to operate it as a single member LLC. Post a tax or nontax advantage or disadvantage of her entity choice.

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