Samantha and two friends have decided to purchase a local craft business. The purchase of the craft business and associated stock will cost the vicinity of $180,000 and samatha and her friends will contribute different amounts of money.

samantha has approached your firm seeking advice on what business structure would be best suited for this venture

"your advice should include reference to relevant legislation and where appropriate case law. Your advice should also include a discussion on obligations of partners and directors duties"

15 marks