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Direction: Given below is a question for explanation. Use diagrams and examples from your own understanding. 1. Ann and Jack have been partners for several years. Their firm, A& J Tax preparation, has been very successful, as the pair agree on most business-related questions. One disagreement. however, concerns the legal form of their business. Direction: Given below is a question for explanation. Use diagrams and examples from your own understanding. 1. Ann and Jack have been partners for several years. Their firm, A& J Tax preparation, has been very successful, as the pair agree on most business-related questions. One disagreement. however, concerns the legal form of their business. Ann has tried for the past 2 years to get Jack to agree to incorporate. She believes that there is no downside to incorporating and see only benefits. Jack strongly disagrees; he thinks that the business should remain a partnership forever. Required: A. First take Ann's side, and Explain the positive side to that there and see only benefits. Jack strongly disagrees; he thinks that the business should remain a partnership forever. Required: A. First take Ann's side, and Explain the positive side to incorporating the business market B. Next, take Jack's side, and state the advantages to remaining a partnership