Business Finance Homework Help

Assignment Steps

Scenario: Adam and Laura
wish to open a pet grooming shop called Dazzling Doggies Day Spa.
Laura’s mother Beth would like to contribute the startup costs in
exchange for a share of profits, but she doesn’t want to participate in
the daily operations of the business. She also doesn’t want to have any
personal liability in the business.

Develop a 350- to 700-word summary with the following information:

• Which business organizational form would be best given the above circumstances, and why?
• Unbeknownst to Laura and Beth, Adam begins to use Dazzling Doggies
  Day Spa’s checking account to pay all his personal bills. Are his
  actions ethical? Why or why not?

Cite a minimum of two peer-reviewed references.

Format your paper consistent with APA guidelines.