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 ajor 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 n Select one: a. general partnership with Bill and the drug company as equal partners b. S-type corporation with Bill and the drug company owning equal shares C. sole proprietorship with Bill as owner and the drug company as creditor d. limited liability company with Bill and the drug company owning equal shares Previous page Next page Return to: General