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AusFarm Limited consolidated the farm business in 1995. Until then, some of the business had been operated by William Wales, Henry Windsor and Catherine Wales,

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AusFarm Limited consolidated the farm business in 1995. Until then, some of the business had been operated by William Wales, Henry Windsor and Catherine Wales, William's wife, as a partnership. REQUIRED: a. What are some of the key differences between a partnership and a company, as a vehicle for operating a business? b. What type of company is AusFarm Limited? Distinguish Public and Private Company. Provide 3 advantages that a Public Company have over a private company. Give Reasons for your

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