In our class we talked about the differences in business entities. One day, $($I hope!$)$ you will open your own business. I want you to

$1.$ tell me the name of the business, and what it will do

$2)$ tell me the business entity form you select

$3)$ tell me why you select that one, and note, being kind of specific, at least these factors, a$)$ ease of formation, b$)$ control, c$)$ liability for losses, and d$)$ taxation of earnings

as each of the factors relate to your choice of business entity

$($if you don't plan on opening your own business, tell me that as well, but answer about any business!$)$

Then, tell me $4$ kinds of contracts that must be in writing based on the statute of frauds, and $4$ exceptions to the rule about contracts in writing.