Question: Andy develops a product that cooks a perfect hard-boiled egg in the microwave. He does not have the money to bring the product to market.

Andy develops a product that cooks a perfect hard-boiled egg in the microwave. He does not have the money to bring the product to market. He files paperwork with the state to establish his new business and sells 75% its stock to friends and family that agree to be his investors. Andys business is a:

a) A cooperative

b) a limited liability company

c) a corporation

d) a limited partnership

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