Assume you and 4 friends will start a business after graduation. (a) What are the 2 most important factors driving your choice of business entity? (b) Why are these the 2 factors most important to you? (c) What entity would you elect for your new business venture, and does this entity reflect the 2 factors you selected? (d) Would your choice be different if you and your friends planned to provide accounting services? Why or why not?