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Angelina_Jolie [31]
3 years ago
6

​Bill, a local​ inventor, developed a diet pill that he believes will solve the obesity problem in the United States. Bill wants

to create a new​ company, 50% owned by Bill and​ 50% owned by a major drug company. Although he believes the pills are​ safe, Bill is concerned about liability if someone becomes sick or dies. The best form of business organization for the new company is:
Business
1 answer:
dsp733 years ago
6 0

Answer:

Limited Liablity Company

Explanation:

A Limited liability Company is an independent legal entity.  It is a business structure whose owners are not liable for its liabilities. The obligations of a company are separate from those of its owners.

For Bill, a limited company will be the best form of partnership. Forming a company requires two or more people or entities coming together and establishing a new business. Bill and the drug company qualify to create a new company.  In the event of liability form sickness, Bill will be liable to the extent of his share contribution.

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<h3>What is a gap analysis or map?</h3>

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vivado [14]

<u>Answer:</u> Option A True

<u>Explanation:</u>

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