The registration requirements, if any, with regards to either a partnership or a company.

Read the following facts and answer the questions that follow using ILAC: Jack, John, and Pam are university friends and decide to go into business in Auckland alter leaving university. They, have, on an informal basis, already started a sports equipment business. They are currently running this business from Jack's back yard. Business has picked up rapidy and they are now considering moving to the next level. They are considering mnning the business either as a partnership or as a company. They know that you are a student of Lavtr of Business Organisations and they have approached you for advice. Specicaly, they seek your advice on the following: I 1] They want to know about the regiration requirements, if any, with regards to either a partnership or a company