When Chip and Dale started their business, they contributed equal amounts of capital but did not sign a formal agreement. The two jumped right in and started working on growing their business. 1. What type of business entity would did Chip and Dale initially form? Explain why you selected this form of business ownership. 2. If Chip and Dale want to limit their personal liability, but still remain a. small business enterprise, what are their options? Explain your decision. 3. Out of the options you discussed above in #2, which type of forms of business organization would you recommend Chip and Dale select? Explain your answer. 4. Chip and Dale decide to expand overseas to Brazil. Please explain the international laws and legal issues Chip and Dale needs to be aware of when purchasing office space and operating in Brazil