Question 2 (2 marks) You have decided to start a new business in Bundoora with your cousin Robyn. The options for the structure for your new business venture are a partnership or a company. Explain the factors you need to consider in deciding which business structure to choose? Include two advantages and two disadvantages of partnership and company structures (do not repeat any)

Question 1 (3 marks) Review the extract from Encyclopaedia Britannica (https://www.britannica.com/event/DeepwaterHorizon-oil-spill), and any other relevant research, to answer the following: Required: a) What is the meaning of the "triple bottom line" . (1 marks) b) Describe the actions of BP's management from a triple bottom line perspective. Include a reflection as to whether BP's ethical consideration have been applied in accordance with the triple bottom line concept, and why you think BP's management chose to make the decisions they made