Bill Beckerand Scott Balesare thinking about opening a new restaurant.Mr. Bales has extensive marketing experience but does not know that much about food preparation.However, Mr. Beckeris an excellent chef.While both will actively work in the business, Mr. Baleswill 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 emailto Mr. Beckerand Mr. Balesdescribing the advantages and disadvantages of each organizational form (corporation vs. partnership) to be considered. This email should include four paragraphs:1)introduction stating who you are, 2) a paragraph explainingcorporations, 3) a paragraph explainingpartnerships and 4) a strong closing paragraphrecommending the organizational form you think they should use