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(1)Jack & Tom want to starta technology business. Jack has a software degree in engineeringand has worked 20 years in the industrybut doesn'thave capital (money)

(1)Jack & Tom want to starta technology business. Jack has a software degree in engineeringand has worked 20 years in the industrybut doesn'thave capital (money) given his lavish lifestyle. Tom is a real estate guru who knew Jack from their college years and have stayed in touch playing golf.He has an extra $100,000 to spend on a project tooutside real-estate.What do you suggest as aappropriatebusiness structure/set up given the facts above?

(2) Donald and Juliane have been married and want to start a hip clothing linetogether. They love each other but Juliane is not as bright as Donald but very creative.What do you suggest as aappropriatebusiness structure/set up given the facts above?

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