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1. Gavin has just graduated with his entrepreneurship degree. He has this great idea for a mobile mini-fridge that uses voice commands. He has already

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1. Gavin has just graduated with his entrepreneurship degree. He has this great idea for a mobile mini-fridge that uses voice commands. He has already lined up a few investors for his idea. Gavin wants to use the profits to reinvest in the business and make changes as he prefers. Which form of business should he probably choose? Why? 2.Sarah and Kristen have decided to form a partnership to sell ice cream. Sarah and Kristen both want an equal stake in management. What type of partnership works best here? Why? 3.Steve wants to get into the restaurant business. Unfortunately, he doesn't know much about how to run a restaurant. He doesn't really care about being creative with it or marketing something new; he just wants to bring his favorite restaurant to his city. Which form of business should he probably choose? Why

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