can you help me with this scenario.

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Read the following scenario and answer the questions below: Shikha has successfully run a business in partnership for many years. During that time her business has grown, and she is considering converting her business into a corporation. She had made an appointment with her solicitor, Chen, to determine whether she should pursue the incorporation option and to discuss the type of company that would best suit her business. When Shikha was discussing the incorporation issue with Chen, she also mentioned that there were other business ideas that she had and she wondered whether there was any way she could just "slot her business idea into a pre-existing entity and develop it from there, rather than filling out all the registration forms and undertaking on the painstaking groundwork herself". Shikha was also curious as to whether her assets could ever be accessed by creditors of the company if it was patently obvious that at least one of her companies was "not a business she had grown from the ground up but rather something she was using for profit and business expedience". In what turned out to be a wide-ranging discussion between Chen and Shikha, she also expressed concerns about whether she would have problems raising capital for her new corporate ventures and what would be the position about allocating shares. Shikha is concerned with protecting her personal assets but is also concerned that declaring her business a company may look cynical becayse she is the driving force behind the business. Q10 Questions related to the scenario: (a) Outline the process that Shikha would need to follow to have her business registered as a company in Australia. (5 marks) (b) Should Shikha choose a proprietary or a public company structure? Justify your choice by referring to the characteristics of each type of company. (5 marks) (c) Shikha wants to "slot her business idea into a pre-existing entity". What is a shelf company and what is the advantage for Shikha in using a shelf company? (5 marks) (d) Explain two (2) ways in which a proprietary company may raise capital for new corporate ventures (5 marks) (e) Is Shikha's level of control in the business something likely to expose her personal assets should her company fail? How would you evolain to Chikh the principles outlined in Salomon v/ Salomon [180712