Study the following facts and identify which commercial enterprise is identified and why:

(20 Marks)

Ali Smith wants to start a commercial enterprise. Ali heard that you are commercial law expert, she states that she inherited N$ 2 million from her late parents and wants to put the money to good use and to grow profits. Ali further tells you that the envisaged entity should be versatile and is used mostly in the execution of a ''living will''. Identify the envisaged entity, its characteristics, advantages & disadvantages