QUESTION 4:CLO 4 Muthu and Meng are close friends, who have just graduated from a local university in Engineering. They are not keen to work as Engineers but contemplating of venturing into business, but unsure whether to operate it as a Sole Proprietor, Partnership or Company. They have approached you to explain the differences, as they are aware you are a business student. Advise them accordingly. (Total: 25 marks)