Helen Cole, her husband, and her son were partners in a business. Mrs. Cole's husband died, leaving
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Helen Cole, her husband, and her son were partners in a business. Mrs. Cole's husband died, leaving his equity in the partnership to Mrs. Cole. Mrs. Cole and her son plan to form a new partnership and continue the business. Mrs. Cole's brother owns a similar business. The brother suggests that they combine the two businesses into a corporation. What questions do you suggest Mrs. Cole answer before she decides whether to form a partnership with her son or a corporation with her son and brother?
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