Two friends, Jim and Pam, form a consulting firm. When deciding on what business entity they should use, they are especially concerned about losing personal assets if they are sued for their professional services. They are also concerned about income and taxes as they are just starting their careers and are on a tight budget. After reviewing the learning materials in this module, prepare an initial post that incorporates these materials to answer the following questions. Also, your grade in this learning activity relies on your engagement in the discussion through your peer replies (two or more). Topic Questions: What business entity should they use? Why? (Note: to receive full credit you need to analyze all the types of business organizations discussed in Chapter 16.) What type of agency principles are involved in the type of business entity you chose in the previous