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How would you advise Leena and Jay in the situations below with your knowledge of 'Business Structures' gained in the commercial law course? (a)
How would you advise Leena and Jay in the situations below with your knowledge of 'Business Structures' gained in the commercial law course? (a) Leena is going to start a business as a sole trader and is seeking your advice on the advantages and disadvantages of doing so.(5 marks) Click or tap here to enter text. (b) Jay is 50 years old and has been doing business successfully over 28 years. Neither his son David, nor his daughter Susan is financially responsible. Jay is not confident to leave his business or property in his children's hands, lest they destroy them, but wishes to help them. (5 marks)
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Advice for Leena and Jay a Leena Sole Trader Advantages Simple and low cost Setting up and running a sole trader business is relatively easy and inexp...Get Instant Access to Expert-Tailored Solutions
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