1. A.

   protection from potential lawsuits, and they also avoid some egregious double-taxation that would occur if the company was set up as a C-corporation

2. B.

   protection from potential lawsuits and avoid some egregious double-taxation that would occur if the company was set up as a C-corporation

3. C.

   protection from potential lawsuits, avoiding some egregious double-taxation that would occur if the company was set up as a C-corporation

4. D.

   protection from potential lawsuits, and avoid some egregious double-taxation that would occur if the company were set up as a C-corporation

5. E.

   protection from potential lawsuits and avoid some egregious double-taxation that would occur if the company were set up as a C-corporation

Correct Answer : E