Part 1: The Offer Assume you are now a highly respected and well compensated executive. Your student loans are paid back. You live a dream life complete with new car and comfortable residence. It is time to plan for the future. You heard from your friend Rob about a successful investment advisor, Joseph S. Forte, the general partner for Joseph Forte, L.P., a limited partnership which sells partnership interests to investors. Partner's investments are invested in an account which trades in security futures contracts. Rob says John Irwin, a Partner of Joseph Forte, L.P. and well-respected certified public accountant (CPA), has a dual role in the Forte firm. He recommends that the clients of his CPA firm, Jacqueline Associates, invest with Joe. He also prepares and mails quarterly and year end statements, detailing an individual's account balance and annual return. Rob enjoys exceptionally high annual returns ranging from 18 to 38 percent. Last quarter, the fund reported assets of over $154 million and returned almost 19 percent to investors. Everyone knows Joe Forte. He is an alumnus of a local university, is married with four children, and is active in the community. He serves as a trustee and volunteer strength coach at a local college preparatory school. Rob tells you he often runs into Joe locally and that most of Joe's clients are friends or acquaintances. In addition, Rob states that Joe's clients are all happy customers. Joe coaches youth football and has made substantial donations of cash and athletic equipment to several of the local schools. Rob's son played on Joe's football team for years in both middle school and high school. Rob highly recommends that you consider investing with Joe. Required 1. Based on this information, would you invest in Joseph Forte, L.P.? 2. What additional information would you like to know before investing in Joseph Forte, L.P.? Part 1: The Offer Assume you are now a highly respected and well compensated executive. Your student loans are paid back. You live a dream life complete with new car and comfortable residence. It is time to plan for the future. You heard from your friend Rob about a successful investment advisor, Joseph S. Forte, the general partner for Joseph Forte, L.P., a limited partnership which sells partnership interests to investors. Partner's investments are invested in an account which trades in security futures contracts. Rob says John Irwin, a Partner of Joseph Forte, L.P. and well-respected certified public accountant (CPA), has a dual role in the Forte firm. He recommends that the clients of his CPA firm, Jacqueline Associates, invest with Joe. He also prepares and mails quarterly and year end statements, detailing an individual's account balance and annual return. Rob enjoys exceptionally high annual returns ranging from 18 to 38 percent. Last quarter, the fund reported assets of over $154 million and returned almost 19 percent to investors. Everyone knows Joe Forte. He is an alumnus of a local university, is married with four children, and is active in the community. He serves as a trustee and volunteer strength coach at a local college preparatory school. Rob tells you he often runs into Joe locally and that most of Joe's clients are friends or acquaintances. In addition, Rob states that Joe's clients are all happy customers. Joe coaches youth football and has made substantial donations of cash and athletic equipment to several of the local schools. Rob's son played on Joe's football team for years in both middle school and high school. Rob highly recommends that you consider investing with Joe. Required 1. Based on this information, would you invest in Joseph Forte, L.P.? 2. What additional information would you like to know before investing in Joseph Forte, L.P