Martha, Rafaela and Bob intend to form a business where they will sell used textbooks over the Internet. Martha prefers to use a business entity where she will not have to file any organization documents with the state. Which entity should they choose to satisfy Martha’s preference?
A. Limited liability company.
B. Limited partnership.
C. General partnership
D. Limited liability partnership.
Answer:C
Martha, Rafaela and Bob intend to form a business where they will sell used textbooks over the Internet. Martha prefers to use a business entity where she will not have to file any organization documents with the state. Which entity should they choose to satisfy Martha’s preference?
A. Limited liability company. B. Limited partnership. C. General partnership D. Limited liability partnership.