Bill Becker and Scott Bales are thinking about opening a new restaurant. Mr. Bales has...

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Accounting

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Bill Becker and Scott Bales are thinking about opening a new restaurant. Mr. Bales has extensive marketing experience but does not know that much about food preparation. However, Mr. Becker is an excellent chef. While both will actively work in the business, Mr. Bales will 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

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