a) For the four scenarios described below, indicate the business structure each one is likely...
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a) For the four scenarios described below, indicate the business structure each one is likely to adopt - sole trader, partnership or company (public or proprietary) and why. (i) Brian has commenced a home maintenance business by himself. (ii) Four Civil Engineers with established careers wish to set up a business developing sustainable housing estates to reduce building waste to near zero. They want to be able to raise capital by issuing shares to the public. (iii) Peter, Michelle and Lisa have been running separate architecture destign practices but are finding the costs and hours are very high for one person and are only just keeping their individual businesses operational. They have decided to combine their businesses so they can share resources and have more time off to spend with their families. (iv) Bert and Ernie wish to start a banana plantation. They are concerned about the legal issues (for example, their personal liabilities) for this business once they start trading. Please ensure you clearly label each part of the question in your
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