T Insert Media Table Text Comment Chart Shape Question 4 In each of the cases below state the most likely business organization (proprietorship; partnership. Corporation or any other) appropriate given the situation in each case. Justify your reasoning. What is the business type best suited in this case. Why? Case A Three Physics professors at MIT have formed a business to improve the speed of information transfer over the internet by stock exchange transactions, each has contributed an equal amount of cash and knowledge for the venture. Although their approach looks promising, they are concerned about the legal liabilities their businesses might confront. What is the business type best suited in this case. Why? Case B Bob Hopeful a college student looking for Summer employment opened a bait shop in a small shed at a local marina. Why? What is the business type best suited in this case Case C Alma and Falco each owned separate shoe businesses. They have decided to combine their businesses. They expect within the coming year they will need significant funds to expand their businesses. Case D Alice, Donna and Sam recently graduated with Marketing degrees. They have been friends since childhood. They have decided to start a consulting business focused on marketing sporting goods over the internet. What is the business type best suited in this case ? Case E Don has developed a low cost GPS device that can be implanted into pets so that they can be dedice easily located when lost. He would like to build a small manufacturing facility to make the devices and then sell them to veterinarians across the country. Don has no savings or personal assets. He would like to maintain control of the company