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Three physics professors at MIT have formed a business to Improve the speed of Information transferover the Internet for stock exchange transactions. Each has contributed

image text in transcribed Three physics professors at MIT have formed a business to Improve the speed of Information transferover the Internet for stock exchange transactions. Each has contributed an equal amount of cash andknowledge to the venture. Although their approach looks promising, they are concerned about the legalliabilities that their business might confront. The form of organization these three professors should dowould be a corporation. The reason I chose this is because since a corporation is ran by stoke holdersthis decreases the legal liability of each individual making easier for someone to remove themselves ifneed be by just selling their shares. is ran by stoke holders this decreases the legal liability of each individual the legal liability of each individual making easier for someone to remove their themselvesif need be byjust selling their shares.

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