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Prepare a memorandum that you can be used as a checklist for incorporating this. Adam Lane has come in to meet me. I have discussed

Prepare a memorandum that you can be used as a checklist for incorporating this.

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Adam Lane has come in to meet me. I have discussed his situation and I would like you to handle this file under my supervision. Adam Lives at 1313 Mockingbird Lane Vancouver, BC V6Y 3D3 (604) 299-6557 Adam has just earned his degree in computer science. He only has 2 assets: his degree and a 1990 Porsche 91 1 worth about $15,000. The car was a gift from his father, Cameron Lane. Adam has spent the past few summers experimenting and thinks that he has come up with an improved voice-recognition system for computers. He wants to contract out the manufacture of his product and set up an organization for its distribution and sale. He already has a name in mind: "I-know-it's-you Enterprises", or IK Enterprises for short. Adam's father, Cameron Lane, is retired and fairly wealthy. He has $100,000 that he is willing to invest in IK Enterprises, but he doesn't want to risk any more than that. Cameron's address is: 629 West Pender Vancouver, BC V3K 5F2 (604) 737-4444 Adam has found Diane Levesque, a manufacturer's agent for many products, who is willing to advise Adam on setting up the business and helping to market the product. Diane is willing to invest $20,000 and to devote some of her time and expertise to the new business. Diane's address is: 467 13th Ave Vancouver, BC V4S 4R5 (604) 299-7888 The Bank of Botswana, under a program for young entrepeneurs, is willing to lend up to $50,000 of start-up capital

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