John and Thabo want to go into business together. Their business idea is to import inexpensive computer parts from China to distribute to repair shops in South Africa. They have done their research and raised enough capital to start the business. They need to decide what form their enterprise will take. Thabo would prefer to keep the business finances separate from his own finances, John does not want to have to go through a complicated legal process, and both are hesitant to involve anyone else in the management of their business. Help John and Thabo to narrow down their choices by choosing two forms of enterprise that they can eliminate.

Question $1$Select more than one:

a$.$

Operating as a partnership

b$.$

Forming a new company

c$.$

Operating as a sole proprietorship

d$.$

Forming a new close corporation