Michael Cohn's Business

C

Based on the information provided, Michael Cohn is a "member" of a marine supply business. This indicates that the business is likely a limited liability company (LLC) or a general partnership.

A sole proprietorship is a business owned by a single individual, and it is not likely to be the case here since Michael Cohn is referred to as a "member," indicating that there is more than one owner.

A corporation is a separate legal entity owned by shareholders. However, the term "member" is not typically used to refer to owners of a corporation. Instead, owners of a corporation are referred to as shareholders or stockholders.

A general partnership is a business structure in which two or more people share ownership and responsibility for the business. In a general partnership, each partner is personally liable for the business's debts and obligations. However, since Michael Cohn is referred to as a "member," this indicates that the business is more likely to be a limited liability company (LLC).

A limited liability company (LLC) is a type of business structure that combines the liability protection of a corporation with the tax benefits of a partnership. LLCs are owned by members, and each member's liability is limited to their investment in the business. Members of an LLC can participate in the management of the company, or they can appoint managers to run the company on their behalf. Since Michael Cohn is referred to as a "member," this indicates that the business is most likely an LLC.

Therefore, based on the information provided, the most likely answer is C. A limited liability company.