Question 1 Keyboard Warrior needs funds, and Mary Barry, the president, has asked you to consider investing in the business. Answer the following questions about the different ways that Barry might organize the business. Explain each answer. a. What forms of organization will enable the owners of Keyboard Warrior to limit their risk of loss to the amounts they have invested in the business? b. What form of business organization will give Mary Barry the most freedom to manage the business as she wishes? c. What form of organization will give creditors the maximum protection in the event that Keyboard Warrior fails and cannot pay its debts? (30 marks) KH3108EFA Fundamentals of Accounting and Finance - Assignment Page | of 7 Question 2: Accounting definitions are precise, and you must understand the vocabulary to be able to properly use accounting. Sharpen your understanding of key terms by answering the following questions: 1. How do the assets and owners' equity of Volkswagen Corporation differ from each other? Which one (assets or owners' equity) must be at least as large as the other? Which one can be smaller than the other? 2. How are Volkswagen''s liabilities and owners' equity similar or different? (20 marks) Question 3 The accounting profession provides many career opportunities for individuals. Identify the major fields that exist in accounting and comment on the major functions performed by individuals in each of these areas