Pertaining to your requirements of starting into a new venture, we act as in-house consultants for all legal matters in setting up of business, IPR's & other related matters. Four major types of businesses with their advantages & disadvantages are:.

             1 - Sole Proprietorship: This kind of business is owned by single person, involves lesser cost.

             & time & has very less statutory requirements & owner is personally liable for acts as.

             well profits & suits to very small businesses or shops.

             2 - Partnership: Where two or more persons come together invest capital, share debts & profits.

             for common goal. It is usually easy to form, no corporate Income taxes, fewer regulations.

             applicable but have unlimited liability extendable even to personal properties, & have.

             limited in scope & workings & have frequent disputes among partners.

             3 - Corporation: Corporation is separate legal entity having rights, duties & privileges of a.

             natural person. They can be sue & be sued their own name, have limited liability & perpetual.

             existence & get easy investments but liable to more statutory regulations, higher amount of.

             tax, difference in ownership & management.

             4 - Sub-chapter S Corporation: In this type stockholders pay taxes as treating them as partners.

             Income goes directly to shareholders& thus no corporate income tax. In this type of business.

             less than 35 shareholders and only one type of stock & have limited in scope.

             In my opinion, Corporation is the best form suited to venture as intended by Victoria & Quentin because it is separate legal entity distinct from its owners & have well defined registered by laws. These organizations are highly regulated & attract capital even from outside source very easily & existed infinitely.

             The main issues concerning the Intellectual property rights in providing licensing Marvel's intellectual property to Universal studios are Copyright and Trademark protections to the theme parks which Disney proposed to develop by using Thor, The Hulk, Iron man etc.