Business Law I (Hypothetical #1) Narrative On the Start-Up Company "TS7 Organ Synergies Inc." Formation of the Company: 4 individuals (Roberto, Luisa, Huang Fu and Darlene) are currently working for different companies involved in the healthcare and/or biomedical fields. Roberto is a heart & lung transplant surgeon for a local hospital in Philadelphia; Luisa is a biomedical researcher working for a science lab in Maryland that employs 75 people; Huang Fu is a top salesman for the largest pharmaceutical firm in New Jersey; and Darlene is a health care administrator for a chain of local hospitals in upstate New York Roberto, Luisa, Huang Fu and Darlene casually know each other through various professional networks and conferences they have attended over the years. At one such conference held this year in Newark, NJ, they discovered that they each have a desire to form a start-up company in the healthcare industry. Since their individual skills and experience complemented each other, they decided that over the next few months they would brainstorm and come up with an idea for a possible new business venture. Over the next few months they met once in person and via Skype several times. They eventually arrived at the idea for their venture: A new prescription drug which has the potential to lengthen the lifespan of patients who have undergone heart transplants. Based on their research and expertise, they believed that uld len to form for their