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Heidi Birmingham and James T. Roberts have decided to create a business. They have financing available and have a well-developed business plan. However, they have not yet decided which type of legal business structure would be best for them.
Write a report for these two individuals outlining the types of situations in which the corporate form of legal structure would be the best choice.
Prepare a memo to the two individuals based on the facts of the above case. In your memo, you will need to provide information about the type of company they are starting and why the structure you have decided upon is the best based on that type of business.