Toby and keith are planning to create and jointly own a company that will license their patented technology solely for royalties and will not create their own products for sale. earnings would be distributed to these two owners, rather than retained to grow the business with the view toward selling it or taking it public. these investors want limited liability and do not anticipate raising capital from any other investors. the most suitable form of entity is a:
a. c corporation.
b. s corporation
c. limited liability company
d. limited partnership
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