Bill Bakum and Scott Hiller are thinking about opening a new restaurant. Bakum has extensive marketing experience but does not know that much about food preparation. However, Hiller is an excellent chef. Both will work in the business, but Bakum will provide most of the funds necessary to start the business. At this time, they cannot decide whether to operate the business as a partnership or a corporation.

Required:

1. Prepare brief email to Bill Bakum and Scott Hiller describing the advantages and disadvantages of each organizational form (corporation vs. partnership) and then recommend the organizational form you think they should use.

2. Spellcheck your work.