b$.$ Below are the $5$ factors we need to consider in order to choose the right form for our business.

Explain how any three of the below affect our decision on which business form to use. $($one sentence each$)$

$-$Transferability

$-$Liability

$-$Control

$-$Continuity

$-$Taxation

$3.$ A close family member is asking for your advice regarding opening a Trampoline Park.

a$.$ Which form of business association would you choose and why?

b$.$ What are the potential liability pitfalls you could encounter $($what could you get sued for$)?$