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What advice would you give to Bill

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Question - Bill has a patent for the production of a new coffee machine but doesn't have any money to start production. He is unable to borrow the funds he needs. He has a close friend Ben who has offered to contribute the $1,000,000 needed to finance the business. They are trying to decide whether to form a partnership or a company. What advice would you give to Bill? What advice would you give to Ben?

Reference no: EM132556928

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