You are an entrepreneur. You and a friend develop a new design for inline skates that improves speed by 25 to 30 percent. You plan to form a business to manufacture and market these skates. You, your friend, want to minimize taxes. but their main concern is possible lawsuits from people who could be injured on these skates. What form of organization does it establish? Explain, describe the ethical aspects you considered in selecting this form of organization Explain the ethical consequences if you select the other forms of organization (there are three forms of organization you can select from, so please explain the ethical ramifications for the other two forms of organization you did not select).

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Based on the given scenario the most suitable form of organization to establish would be a Limited L... View the full answer