313 .II '5' Ci} 0 courseherocom E Find study resources Q $- Question Fred, Bob and Sue want to start a business. The business will involve the cleaning of offices. Fred has saved $25,000.00 to contribute towards the business. Bob has no money to contribute but has been involved in the industry for a number of years and has some excellent client contacts and business experience. Sue has assets with a net value of $500,000.00 but only wants to contribute $50,000.00 to the business. She wants to participate actively in the operation of the business. Question 1 (6 points) Identify and briefly explain the three business forms that Fred, Bob and Sue could consider whether or not they are applicable in this particular case . Question 2 (6 points) In chart format provide three (3) advantages and disadvantages for each of the business forms that you identified in part (0, be thorough in your answer. Question 3(6 points) Which of the business forms that you referred to in (1) above would you recommend that Fred Bob and Sue use in the Wm to indicate 3'13 .II '5' Ci} 6 coursehero.com [I] Question Answer & Explanation Related participate actively in the operation of the business. Question 1 (6 points) Identify and briefly explain the three business forms that Fred, Bob and Sue could consider whether or not they are applicable in this particular case . Question 2 (6 points) In chart format provide three (3) advantages and disadvantages for each of the business forms that you identified in part (0, be thorough in your answer. Question 3(6 points) Which of the business forms that you referred to in (1) above would you recommend that Fred Bob and Sue use in the circumstances? Be sure to indicate why you would recommend it and why you would not choose the other(s) (sub-types may be considered provided that they are adequately explained) Business Management |EU cg e a +