Tom and Bob are brothers. They want to start a new risky business. They will materially participate. They anticipate substantial losses for the first three years due to start$-$up costs. If one of the brothers dies, they want the survivor to be able to continue the business. They anticipate that they may want the business to borrow the additional funds. Recommend one of the following business forms that seems the most appropriate:

$$ Limited partnership

LLC$/$LLP

S corporation

General partnership

$$ C corporation