Baby Ruth is an incredible candy maker and would like to go into business for herself, but she needs some money to get started. Her parents want to help her get her feet on the ground and start her career. They agree to invest in her business; however, they don't want to be involved in any part of the business, they are just trying to help her out. Baby Ruth asks their friend who had just completed a fantastic class taught by Dave McDonagh on business law at Northwood for advice on how to organize her business. What business form would do you think would work for Baby Ruth? Why?

What are the advantages of this business form?