Exercise 12-2 Forms of organization C1 For each separate case, indicate which type of organization should be formed. a. Sharif, Henry, and Korb want to start a tech firm. They are deciding between an S corporation and ac corporation. The founders want limited liability, but they also want to avoid paying corporate income taxes. b. Jackie and Susie are starting an accounting firm. They are deciding between a general partnership and a limited liability partnership. It is crucial to Jackie that she has limited liability and is not personally liable if Susie is negligent. c. Rob and Bran want to form a snow removal business. They are deciding between a general partnership and a limited liability company. Bran says it is important that the two have limited liability and do not pay corporate income taxes.