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1. Steve comes to you about a business he is about to start. He wants to open a hot dog cart on the boardwalk. He

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1. Steve comes to you about a business he is about to start. He wants to open a hot dog cart on the boardwalk. He wants to call it \"Dad's Dogs" in honor of his father. He is wondering what type (form) of business he should start. You ask him to tell you about his plan, and he answers, \"He has inherited the cart from his father and he has enough money to get started. but he was concerned about having enough money to keep the business going until he builds up enough business. However, his sister will loan him enough money to cover this concern. Even better, his sister does not even want the money paid back, she is happy with getting 25% of his profits. She has further assured him she might be able to come up with more $ if he needs more." What type of business ownership will be best for Steve

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