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Fact Pattern: Congratulations! You just passed the bar and returned to you home town, a smanl southern-town called Po-Dunk. You set up a small office,

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Fact Pattern: Congratulations! You just passed the bar and returned to you home town, a smanl southern-town called Po-Dunk. You set up a small office, and you are nervous as to how you will generate business. Low and behold, the first client walis into your office with the following story. If B Blly Bo from down yonder down the street there (I am from close by). 1 have a problem I need yer (your) help with. In my spare time when I aint (am not) hunting or eating BBQ, like to imvent stuff. 1 believe my most recent invention is really going to be a hit. I have invented 5 wamp Thing-a fragrance that allows both men and women to keep that fresh from the swamp fecling all day long. I have sampled Swamp Thing to other Po Dunkens (Po-Dunk residents). I also got the manager of the Po-Dunk General Store to sell it on a test basis. Both the sampling and test marketing did real gud (were successful). I have firm commitments from the General Store and Wal-Marts with in a 30 mile radius that once the 5 wamp Thing is in full production, they will stock it. Also, all 115 of my cousins from here, there \& yonder (all my cousins from nearby) have agreed to be potential investors. Each has agreed to invest \$500. Don't nan (none) of my cousins want to be involved in the business; they already got (have) jobs. Further, they all won the Po-Dunk Lottery four pay days (eight weeks) ago. They are real concerned about their newfound ducketts (money) and would not want to lose it. Do I need to do anything special or just take their ducketts (still money) and git r dun (start production)? Your task is to draft a memo to Billy Bo expressing your opinion on what you think. he should do as it relates to the organization of his business. You should make a recommendation as to which business form he should choose. Be sure to discuss all available alternatives. You may wish to use examples and scenarios to help Billy Bo understand

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