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Winnie wants to limit his personal liability but also has two additional goals: he wants to maintain full managerial control and needs to raise capital
Winnie wants to limit his personal liability but also has two additional goals: he wants to maintain full managerial control and needs to raise capital from investors. Which business form should Winnie convert his business into to accomplish his three goals: (1) limit personal liability, (2) maintain managerial control, and (3) raise capital from investors? Explain why or why not. (10 pts)
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