You have decided to form a new start-up business developing applications for the Android device. List the main types of legal business structures you could create in Australia. Consider each business structure option by analysing the key features of each business structure. To conclude, you will need to decide on the legal structure of your business. Which one would you recommend?

2.

You are the Chief Executive of a large publicly listed company, and you are considering entering into an agreement to have your company acquire/buy another company. You think that the price might be too high, but at the same time, you will become the CEO of the combined, much larger corporation. You know that when the company gets bigger, your salary package and prestige will increase.

The scenario above is an example of what problem? Briefly discuss. How can the company reduce such problems?

3.