Jason and James have been running JJ Asian Cuisine as a partnership structure. They both recently graduated from the university. Jason is happy to continue running the business full time but James is offered a graduate position at PWC so he has accepted the job offer. He negotiated with Jason to reduce the distribution of his part of the partnership business profit to be 30% only, rather than 50% as previous because he no longer can contribute as much time to the business. Please explain to James: A. Two disadvantages of reducing his time in the running of the business. (1 mark) B. How will James income be taxed? (2 marks)