Question

Sam Jones, Mary Adams, and Larry Brown have been talking about starting their own business for several years. Sam is an electronic repairman, Mary is a partner in a large law firm, and Larry is an excellent sales person. Sam and Larry will work in the business on an equal basis. It will cost $100,000 to start this business. Sam has no money, Mary has $60,000 and Larry has $40,000. If they form a partnership, how would you recommend that they organize?


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  • CreatedJuly 31, 2015
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