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Sam wants to help his brother, Lou, start a new business. Lou is a capable auto mechanic but has little business sense, so he needs

Sam wants to help his brother, Lou, start a new business. Lou is a capable auto mechanic but has little business sense, so he needs Sam to assist him to make business decisions. You have been asked for your advice. 1. Should this partnership be arranged as a general partnership or as a limited partnership? Why? 2. Should they consider any other form for structuring their business?

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