Many students express a desire to start their own business at some point during their lives. Starting a business can be a very risky proposition as 90-95% of businesses fail within the first three years of operation. There are many reasons for this failure. Understanding the various forms of business ownership and their individual benefits can help entrepreneurs succeed at a higher rate. Now that you have studied the different forms of "legal" business ownership, pretend you are now opening a new business. What legal form of business ownership would you choose? For what reasons? What are the "pros" and "cons" of this form of business ownership? Explain your answer in 75-100 words