You come across different kinds of businesses every day. The following table describes some businesses. Using the description of each business, classify it as a sole proprietorship, a partnership, a corporation, or a limited liability company/limited liability parthership. Business Scenario Type of Business Ryan is selfemployed and reports all of his income and expenses in his personal income tax retum Aifred stated business, based in a diflerent state, wath his uncle. Due to the business's underperformance, they had lo close the business. Alred, however, ended up losing his house due to a Litiation dam- Dain, the CEO of a beverage conpary, to required to censy the accuracy of itformation provided in the combany's quarteny reports Solens and Mario fun a zaw from in Chicago. The ferm has debr of $100,000, but Selona and Mario with not be heid personally lable for the iaw frims debd