Best business entity for christina business

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a) Christina Riley (CR) wants to start a flowers-by-mail shop. She will get the orders for flowers, go to a local grocery store, buy some flowers there, and then mail them off to the destination. What would be the best business entity for Christina’s business? Please explain your choice taking into account both liability and tax issues. b) Walter Barber (WB) wants to start a rent-a-gun store. This way anyone could come in and rent a gun for a few hours up to a year. What would be the best business entity for Walter’s business? Please explain your choice taking into account both liability and tax issues. c) Carlos Jacobs (CJ) is best friends with Walter. Together, the two want to open a bar next door to the rent-a-gun store. What would be the best business entity for their business? Please explain your choice taking into account both liability and tax issues. d) Jeanne Boyd (JB) wants to open a home day-care. It will just be her taking care of the kids. What would be the best business entity for Jeanne’s business? Please explain your choice taking into account both liability and tax issues.

Reference no: EM132264914

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