Question #1 (3 + 3 + 4 = 10 marks) Q1-a (a) List and briefly discuss in your own words three advantages of the company form of business organisation over the sole proprietorship form. HB i AX, X 2.59 66 * The three main advantages are 1. Limited liablity for the shareholders of the company. Thec Unanswered Save Q1-b (b) You and a group of your co-workers have decided to form a new start-up business developing applications for the Metaverse. You do not need any outside financing at the moment. What legal structure would you choose for your business? Briefly discuss your reasoning in support of your choice. H - B i A X, X 12.EE 66 x Q1-c (c) Should a corporation maximise profit or the current value of company's shares? Briefly discuss in your own words H. Bi A X X 22