Gina had just finished studying her Diploma. She plans to start a business. After consulting with family and friends, she had an idea, but does not know what forms of business should she start with.

Kindly advise Gina:

(a) The form of business organization that she may proceed with. (2 marks)

(b) Provide the justification, which may include THREE (3) advantage and disadvantage each of why you suggest her that form of business. (12 marks)

(c) Propose to her what type of product or services that she can sell as a beginner and provide your reasoning. (5 marks)

(d) List down any THREE (3) example of Agency Problem. (6 marks)