King and Stacy formed an Alabama limited liability company $($Botanic$,$ LLC$)$ to own and operate the garden retail center, entertainment area and a farm$-$to$-$table restaurant featuring Southern cuisine. For purposes of this discussion, we will presume that the two owners are the only members of the LLC$.$ Describe why they chose this form of business rather than operating as a partnership and how you would advise them to structure their agreement as relates to ownership, management, share of profits, etc. Include an explanation of the authority that each would have to enter into contracts for the business and whether each would be liable of any tort committed by the other.