Question 1 After completing your university degree, you want to set up a business around the new algorithm which you have developed that allows rms to use arb'cial intelligence to select the best candidates for work roles in a way that is completely free of implicit biases and discrimination. With both the immediate and long term interests of the business in mind. what things should you consider in choosing the right legal structure for this business? Question 2 Johnny and Ash are involved in a business to manufacture organic cola. Each has already invested $50,000 into the business by depositing the money into John mfs business account. Johnny is negotiating the purchase of a small factory in his own name, and is purchasing the equipment and materials they will need to start production next year. Ash has also started spending 2 or 3 hours every evening writing a business and marketing plan. Have Johnny and Ash formed a partnership? If so, what are the legal consequences? Question 3 Your sister Cecilia has for nine years run a modestly successful solo venture as a literary agent. Since the time that she started the business, she has gotten married and had young twins who are dependent on their father, who is the primary care giver of the children. Over the past six months, due to a downturn in the publishing industry, her income has become inconsistent and this has put some nancial pressure on the family. She has heard that by setting up her business as a trust, she can minimise the tax that she pays to the Australian Taxation Office. Explain to Cecilia the process and the conseq ue nces of setting u p her business in this way. Question 4 Review the case of Hard 1! Zomojo Pty Ltd [2015] FCAFC 14?. Wh at were th e breaches of director's duties engaged in by Hurd? Hon:I should he have acted differently in the context of the case to avoid liability for these breaches