Chapter 1 Discussion CP 1-2 On January 1, 2015, Dr. Marcle Cousins established Health-Wise Medical, a medical practice organized as a proprietorship. The following convenation occurred the ollowing August between Dr. Cousins and a former medical school classmate, Dr. Avi Abu, at an American Medical Association convention in Seartle: Dr. Abu: Marcie, good to see you again. Why didn't you call when you were in Miami? We could have had dinner together. . Dr. Cousins: Actually. I never made it to Miami this year. My husband and kids went up to our Vail condo twice, but got stuck in Jacksonville. I opened a new consulting practice this January and haven't had any time for myself since. Dr.Cousins: Yes, Health-Wise Medical. My husband chose the name Dr.Cousins: You wouldn't believe it. I started by opening a bank account with Dr Abu: 1 heard about it Health... something... right? Dr.Abu: I've thought about doing $25,000, and my July bank statement has a balance of $80,000. Nor bad for six pure profit Dr. Abu: Maybe Ill try it in Miami! Let's have breakfast together tomorrow and you can fill me in on the details