Jennifer and Jamie are starting a business and have asked you for advice about whether they should form a partnership, a corporation, or some other type of entity.

To help Jennifer and Jamie decide which type of entity to establish, label the following as "Yes" a question to ask or "No" no need to ask.

a.	What type of business are you going to operate?
b.	What amount and type of income (loss) do you expect from the business?
c.	Do you expect to have losses in the early years of the business?
d.	Will you lease or purchase your office building?
e.	Will you withdraw profits from the business or leave them in the business so it can grow?
f.	What is the amount and type of income (loss) do you expect from other sources?
g.	In what state(s) will the business be formed?