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Explain business form

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Harold Willford recently patented a new iron, burnless. This iron allows the user to iron clothing while wearing them without causing any harm to the user. Harold would like to establish a company to manufacture,sell, and market the new product. Harold is cash-strapped and has few financial resources. which form of business should he create. Explain which Business form(sole proprietorshi, general partnership, corporation, or limited liability company) Harold should select.

Reference no: EM133253903

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