Explain the ethical consequences

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Reference no: EM132062703

You are an entrepreneur. You and a friend develop a new design for in-line skates that improves speed by 25percent to 30 percent. You plan to form a business to manufacture and market the skates. You your friend want to minimize taxes. but your prime concern is potential lawsuits from individuals who might be injured on these skates. What form of organization do you set up? Explain, Describe the ethical aspects you considered to select this forms of organization Explain the ethical consequences if you selected the other forms of organization (there are three forms of organization you could select from, so explain the ethical ramifications for the other two forms of organization you did not select).

Reference no: EM132062703

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