This question calls on your combined skills for business advisory and corporate accounting. Suppose your business startup requires crowd funding to obtain capital of $2,000,000. You have one (only) equal business partner who could also be a director and ten subordinate employees and your product is to be sold online. You further hope to be taken over by and make capital gain from a large multinational Ltd company once your product has been proved in the marketplace. From the available options choose the most appropriate form of business whose legality is also described accurately. Select one: A Pty Ltd. company, because a partnership cannot be a member of a corporate group, so would deter the larger Ltd. company from making an offer. A partnership, because it is not legal to obtain any type of crowdfunding for a corporation. A Ltd company, since the minimum number of directors is already met, and to list on the stock exchange provides further avenues for financial expansion if crowdfunding fails. A Pty Ltd company, because it provides the necessary safeguards to owners in case the business startup is unsuccessful.