My wife and I are planning to go into business together. Which of the following statements

My wife and I are planning to go into business together. Which of the following statements

is Not True?

Group of answer choices

We can both form a Sole Proprietorship, since we file our taxes jointly.

We can both form a Partnership, with each of us as partners.

IF we both form a Partnership, one of us could be a limited partner.

We can both for a Corporation, with either one, or with each or both, of us as shareholders.

We can both for a Limited Liability Company (“LLC”), with each of us as “members.”