Marco and Cynthia have decided to go into business together. They will operate a burrito delivery business. They expect to have a loss in the first and second years of the business and subsequently expect to make a substantial profit.
Marco and Cynthia are concerned about potential liability if a customer ever gets sick after eating one of their products. They have called your office and asked for advice about whether they should run their business as a partnership or as a corporation. Write a letter to Cynthia Clay, at 1206 Seventh Avenue, Fort Worth, TX 76101, describing the alternative forms of business they can select. In your letter, explain what form or forms of business you recommend and why.