(Question 9)Alexandra is keen to explore other possible business structures. She is particularly interested in setting up a company and has the following concerns:How to set up the structureIs it a separate legal entity or notPotential liability issuesEasily dissolved(terminated)?Tax burdenReporting BurdenEase of raising capitalOther pros and cons.

Part B: Alexandra has been reading about the famous Salomon case and is unclear about the facts and decision in that case. A memorandum explaining these to her as well as the significance of Salomon's case is required. How does this case affect her in terms of her liability.