Question: Case Study 1 Fred, Bob and Sue want to start a business. The business will involve the cleaning of offices. Fred has saved $25,000.00 to

 Case Study 1 Fred, Bob and Sue want to start a

Case Study 1 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 16 (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 17 (6 points) In chart format, provide three (3) advantages and disadvantages for each of the business forms that you identified in part (i), be thorough in your

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