Question
Lisa and Hayley operate separate gardening business and wish to combine the two together. They wish to invest further money into the business but want
Lisa and Hayley operate separate gardening business and wish to combine the two together. They wish to invest further money into the business but want that any debts accrued will fall to the business, as neither of them wish to personally liable. They wish to form a partnership. Is this the type of business structure that is appropriate and the one that you would recommend?If not, what structure would you recommend giving advantages and disadvantages of that structure compared to a partnership structure.
Apply legal principals in contract and consumer law-Australia
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started