Question: ive Misty is looking to develop some property. However, she lacks the financial resources to get the project off the ground (e.g. purchase land, engage
ive Misty is looking to develop some property. However, she lacks the financial resources to get the project off the ground (e.g. purchase land, engage architects and builders). Her aunt is a wealthy cardiac surgeon and has expressed interest in investing in the project, but is too busy to take an. active managerial role and is concerned about liability. Based on these circumstances, which of the following business entities would be the most appropriate for Misty? A member managed LLC A joint venture A limited partnership A master limited partnership A general partnership
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