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Mark is 24 years old and has just graduated with an MBA, Fred has discovered a new application for the mobile phone. He wants business

Mark is 24 years old and has just graduated with an MBA, Fred has discovered a new application for the mobile phone. He wants business developing the app. Fred has only had a small business in the past but it is now worth $1 million. He needs at least $50 million to develop and market the app world wide He seeks your advice as to the best business structure to make this idea a reality. explain the

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