PART B Describe the legal liabilities that the proposed/identified New Ventures is exposed to: i. Legal requirements for New Ventures e.g., registration of business name, opening business bank account, arrangements for rent/lease facility or equipment, employment contracts, business name, bank account, rent/lease facility or equipment, employment contracts etc. (15 marks) ii. Legal advice for New Ventures in order to operate legally in Jamaica: for start-up activities, contracts, intellectual property, patent, copyright, hiring of employees, tax benefit, lawsuits by employees, breaches of local laws/regulations, licenses, intellectual property infringements, rental, or lease agreement, etc.