Answer:
LLC(Limited Liability Company)
Explanation:
Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your waterpark is sued. Less paperwork. Most LLC's do not have to pay annually to the state for fees like large corporations with shareholders do. LLC's do not have to have a fixed management structure like Corporations do, so there is more flexibility decision making. Thus, multiple reasons to use LLC with a Water Amusement Park; more cost effective and so much more flexibility with decisions and how the park is ran.