Tricia and Troy are starting a pharmacy. After meeting withtheir attorney and ac

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Tricia and Troy are starting a pharmacy. After meeting withtheir attorney and accountant they decide they want to begin usingthe simplest form of business organization they can. However theirprimary concern is personal liability. They dont want tojeopardize their personal assets for business obligations. Theyllalso need to obtain financing to get the business started. A fewinvestors have expressed some interest but theyll invest theirmoney only if they receive some stake in the business or somepossibility of return for their investment. The investors want tohave no part in running the business and want to be sure they haveno liability for business debts. What form of business organizationwould you recommend? Why? Explain why other forms of businessorganizations wouldnt meet their needs.

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