You are an accountant at the Roland Group, P.C., a firm comprised of lawyers and CPAsthat advise clients on a variety of business matters. Bill, Jane, and Ron schedule anappointment with you (a CPA) and your colleague Jess, a business lawyer in your office. At the initial meeting, Bill, Jane, and Ron indicate that they want to form a new business and that they will be selling hand-made organic soaps. They want flexibility with respect to taxation and the option to be taxed as either a partnership or corporation. They also want foreign investors to be able participate in their business because Bill has wealthy extended family members in Ireland. Most importantly, they all want to protect their personal assets. They also anticipate the business lasting for many years. What type of business organization would you recommend that Bill, Jane, and Ron form?

A. LLC

B. Joint Venture

C. LLP

D. Joint Stock Company