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Question 2 (2 marks) You and your brother, David, have decided to start a new business as financial advisers. The options for the structure for

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Question 2 (2 marks) You and your brother, David, have decided to start a new business as financial advisers. The options for the structure for your new business are a partnership or a company. a) List and explain two advantages and two disadvantages of each of these business structures (partnership and a company). Do not repeat these advantages or disadvantages (100 words) (1 mark) b) Recommend the business structure (partnership or company) you and David should select, and why. Assume you are both concerned about the legal issues (for example, your personal liabilities) for this business once you commence operations (100 words). (1 mark)

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