Troctoring Enabled: Unit a Exam $CB$ asking if an LLC would be the best o

accurate answer to Corey's inquiry?

Hane

Multiple Choice

An LLC is the only option of a business entity that will give the owners limited liabitity and therefore is his onliy redilitic option.

An LLC cannot be formed by more than one person and therefore, given the fact that the wants to go into business with this triends, hannot be an LLC$.$

While an LLC does have limited liability, given the fact that Corey specifically stated he wili need to raise a lot of money, an llc has limite capitalization methods and may be difficult to raise the required amount needed.

An LLC is the best option to achieve Corey's goals as capitalization is very simple process for LLC$.$