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Homework answers / question archive / This does not require any permission from the state to be set up: A
This does not require any permission from the state to be set up:
A. LLC
B. S Corporation
C. C Corporation
D. partnership
Answer choice D. partnership
Explanation:
A partnership does not require any permission from the state to be set up. It is similar to a sole proprietorship. Many small businesses choose this business entity for simplicity. A limited liability company (LLC), S Corporation, and a C Corporation all require permission from the state to set up.
