Determine how would you recommend that they organize

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Question: Sam Jones, Mary Adams, and Larry Brown have been talking about starting their own business for several years. Sam is an electronic repairman, Mary is a partner in a large law firm, and Larry is an excellent salesperson. Sam and Larry will work in the business on an equal basis. It costs $100,000 to start this business. Sam has no money. Mary has $60,000 and Larry has $40,000. If they form a partnership, how would you recommend that they organize?

Reference no: EM132078462

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