the question is : Bobby and Mandy want to open a small bakery store in their community. they want to share the responsibility in profits of owning the business just between themselves, But they are worried about the risk of losing their own personal assets if the business fails which type of business organization should they choose??

Corporations.

Explanation:

Corporations can be defined as a legal institution created by the law of it's states. This institution is formed through individuals or shareholders.

A corporation is the most productive and beneficial form of business in terms of earning profit. This institution is established by individuals with the purpose of earning profits.

One of the advantage of corporation is that it limits the liability of the company. Meaning that the personal assets will not touched in case of business failure. The taxes are not paid individually but paid by the corporation as a whole.

Thus Bobby and Mandy should choose corporation to start their small bakery. Therefore, correct option is the third one (C).

it is a part of john locke's natural rights popular during the age of enlightenment that people had inalienable rights to life, liberty and property. this was reflected by thomas jefferson in his declaration of independence as rights to life,liberty and the pursuit of happiness.

another line in the declaration of independence is that people have certain rights just because they are human. humans are capable of obeying the three natural rights john locke mentioned making them governable by these laws and therefore entitled to these rights as well.