Question

Friedo and Miriam meet at a start-your-own business workshop. They would both like to open a bookstore. While they have start-up capital, they are worried about the risk to their personal property. Which of the following would most likely be the best business choice for each of them?

Answer 1

Answer:

The question is incomplete;

which of the following would most likely be the best business choice for each of them?

a. sole proprietorship

b. partnership

c. limited liability company

d. corporation

The answer is c. limited liability company

Explanation:

A limited liability company is a private company whose owners are legally responsible for its debts only to the extent of the amount of capital they invested.

Answer 2

Answer:

C

Explanation:

limited liability company