Ann and Jack have been partners for several years. Their? firm, A? & J Tax? Preparation, has been very? successful, as the pair agree on most? business-related questions. One? disagreement, however, concerns the legal form of their business. Ann has tried for the past 2 years to get Jack to agree to incorporate. She believes that there is no downside to incorporating and sees only benefits. Jack strongly? disagrees; he thinks that the business should remain a partnership forever. ? First, take? Ann's side, and explain the positive side to incorporating the business. ? Next, take?Jack's side, and state the advantages to remaining a partnership. ? Lastly, what information would you want if you were asked to make the decision for Ann and? Jack?

What information would you want if you were asked to make the decision for Ann and Jack? (Choose all that apply.)

A.Marital status and tax situation of each partner.

B.Growth prospects of the firm.

C.Risk tolerance of the owners.

D.Age of the current owners.

E.Capital needs of the firm