SERIAL PROBLEM: KATE'S CARDS (Note: This is a continuation of the Serial Problem: Kate's Cards from Chapters 1 th SPII. Kate's business continues to flourish. It hardly seems that just eleven months ago through 10.) 2015, that Kate started the business. She is especially pleased that she was able to fend herself against what turned out to be a mistaken attempt to sue her for She was able to clearly demonstrate that her card designs were unique and si from the designs sold by Mega Cards. and significantly differen Kate has decided to take on an investor. Taylor Kasey believes that Kate good investment and wishes to invest money to help Kate expand the business. Kaus epresents somewhat unsure how to structure Taylor's investment. Taylor wishes to be an equityever than simply providing a loan to Kate. Kate wants to know whether she should stock or preferred stock for her investment. s C Kate, however, is