Brennan and Joy are third year Business students who have burned the midnight oil during the school year and summers and have, together with a software developer, come up with an exciting marketable App.

They get together with you, their fellow students, to discuss their plans and seek you ideas and advice from what you have learned in your Business Law course. Brennan and Joy don $t$ tell you the details of their App because, as much as they like you and value your opinions, they do not want to tempt anyone to steal their unique idea.

Erennan and loy have two major investors, Cody and Aaron, who do not wish to be involved in the running of the business. Irennan and Joy require additional capital to be raised either through investors or loan financing. The business will require several employees

Drawing from what you have learned identify for Brennan and Joy the legal issues and resolutions $($including any pros and cons$)$ related to formalizing their business relationship for the purpose of producing and marketing the App, financing and hiring of employees with the minimum risk avaitable to them.