1. Moe, Larry and Curly are planning to open a dram shop. (Oh, coitenly- a bar !) Being buffoons, but not totally out to lunch, they consult you for advice about what form of entity this business should be carried on as, and for other advice as to the operation of the business. What factors do you tell them to consider when choosing a business entity, and what form do you encourage them to adopt, and why?