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Business Law 1
Sent to Legal Experts September 09 04:17 PM

1) Tricia & Troy are starting a pharmacy. After much consideration, they decide to open their business as a partnership. Explain the potential risks and advantages involved in forming this type of business.& nbsp;  ;2) Bobby wants to form a corporation, Bob Corp. He has contacted investors and is ready to begin formation. Describe the steps Bobby must take to ensure that the corporation is properly formed.&nb sp;& nbsp; 3) Lucy, a 90-yr-old woman, agrees to sign a will presented to her by her son, Jack. Lucy knows the document is a will but thinks that a will is just a document that gives courts an idea of what a person intends to happen at his or her death. Lucy has a lot of money but doesn't know how much she has or how much property she has. Lucy signs the will and Jack signs as a witness. Discuss whether this will is valid. Why or why not?

Edited by Melina on September 9 2007 at 10:08 PM

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