Write an essay that advises Corey and Clarence of the following:
- Explain the pros and cons of LLC versus a C Corporation, and advise which of these 2 structures is the best choice for Corey and Clarence.
- Identify and recommend two (2) types of intellectual property (IP) they can secure in the United States for their widget and for each IP include the following:
- Definition of the IP;
- The benefit of the particular IP and the kind of protection it provides;
- Length of time the IP protection will last; and
- The U.S. government agency that issues and/or otherwise oversees the IP
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