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Waldo is planning to start a clothing store but doesn't know which type of business entity to form. Help Waldo by indicating whether each of

Waldo is planning to start a clothing store but doesn't know which type of business entity to form. Help Waldo by indicating whether each of the following items is an advantage of a corporation or a partnership.

1 .

Limited liability

2 .

Less regulation

3 .

Ease of raising capital

4 .

Fewer taxes

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