Question: Q1 A. (20 Marks) A. Describe the three major forms of business organization? Provide three advantages and disadvantages of each forms of business. (10 Marks)

Q1 A. (20 Marks) A. Describe the three major forms of business organization? Provide three advantages and disadvantages of each forms of business. (10 Marks) B. Peter and Paul went to business school together 10 years ago. They have just been hired by a midsized corporation that wants to bring in new financial managers. Peter studied finance, with an emphasis on financial markets and institutions. Paul majored in accounting and became a CPA 5 years ago. Who is more suited to be treasurer and who controller? Briefly explain. (10 Marks)

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