You have been hired by an inventor of a new power cell for cars, trucks and boats, who has some inquiries from prospective investors who would like to know more about the invention before they put their money into the business. He has not yet incorporated his business, but likes the idea. There is the key issues to deal with:

1) Incorporate his company after explaining the pros and cons of incorporation. The name he proposed was 21st Century Vehicle Batteries Inc2.