bill, a local inventor, developed a diet pill that he believes will solve the obesity problem in the united states. bill wants to create a new company, 50% owned by bill and 50% owned by a major drug company. although he believes the pills are safe, bill is concerned about liability if someone becomes sick or dies. the best form of business organization for the new company is:

Limited Liablity Company

Explanation:

A Limited liability Company is an independent legal entity.  It is a business structure whose owners are not liable for its liabilities. The obligations of a company are separate from those of its owners.

For Bill, a limited company will be the best form of partnership. Forming a company requires two or more people or entities coming together and establishing a new business. Bill and the drug company qualify to create a new company.  In the event of liability form sickness, Bill will be liable to the extent of his share contribution.

b, fewer problems later! good luck

d) social security number

let me know if i am correct or not, so i can edit the answer.