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  3. you and a friend have developed a weight loss supp

You and a friend have developed a weight loss supplement that speeds weight loss by...

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Accounting

You and a friend have developed a weight loss supplement that speeds weight loss by 20%. You plan to form a business to manufacture and market the supplement. You want to minimize taxes but your prime concern is potential lawsuits from individuals who might get sick from taking the supplement.

  1. What form of organization (partnership, LLC, corporation, etc.) will you choose?
  2. What are the advantages and disadvantages of your choice?

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