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Jim Baku and Scott Hanson are thinking about opening a new
restaurant.Bakuhas extensive marketing experience but does not know
that much about food preparation. However, Hanson is an excellent
chef. Both will work in the business, butBakuwill provide most of
the funds necessary to start the business. At this time, they
cannot decide whether to operate the business as a partnership or a
corporation.
Prepare a written memo to Baku and Hanson describing the
advantages and disadvantages of each organizational form. Also,
from the limited information provided, recommend the organizational
form you think they should use. 
 

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