Tailspin Toys wants to expose a custom NFV-based inspection service running in their Hub VNet so partner VNets can connect privately using Private Endpoints. Which sequence of actions is required to create a Private Link Service backed by their internal load-balanced application so external consumers can create Private Endpoints that connect to it?

To expose an internal service via Private Link Service, a Standard Load Balancer (or Application Gateway) is required to act as the front-end for the service VMs. The Private Link Service resource then references the frontend IP configuration of this load balancer. Finally, you define which subscriptions can connect and provide the unique alias to consumers, allowing them to create Private Endpoints. The other options are incorrect because: enabling a service endpoint for Microsoft.PrivateLink is for consuming Private Link services, not creating them, and a storage account is irrelevant; registering as a Marketplace offering is for selling solutions, not creating a Private Link Service for internal or partner use; and a VPN Gateway is for network connectivity, not for enabling Private Link access to an internal service via Private Endpoints.