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Reminder: Write your answer in yellow paper and attach the image below.

Wife and husband Angie and Ramon launched their business of selling books
and school materials to children before the COVID-19 pandemic. They pooled
their savings to raise a capital of ₱30,000, and the value of their business has
grown ever since.
When the pandemic hit and face-to-face classes were suspended, they
supplemented their income by selling face masks, face shields, gardening tools,
and other merchandise. They also started to supply bulk orders to more
prominent clients.
The flexibility of their business operations helped them weather the economic
hardships caused by the pandemic and allowed them to expand their business
continuously. For Angie and Ramon, the time-honored custom of taking a
hands-on approach to business is the key to success.

1. What type of business did they establish? Explain your answer. 5pts.
Answer: The type of business they established is merchandising business
because Angie and Ramon launched their business of selling books which
offers tangible goods to customers and reselling their products to the school
for the benefit of the children in order to gain profit. But when the pandemic
hit they decided to change a product to sell which is face masks, face shields,
gardening tools, and other merchandise but it is still part of merchandising
business.
2. What form of business organization did they start with? Explain your
answer. 5pts.
Answer: It is a form of business partnership because angie and ramon is a
wife and husband who decided to be a partner in their own business which is
they pooled their savings to raise a capital of 30,000 to open their business.
And the advantageous for it is they can collaborate and share resources to
each other closely.

3. If they had started to produce their own products, what type of business
would they have been engaged in? Explain your answer. 10pts.

Answer: They are both choosing merchandising business and moving forward
for their own business but different products. Angie still managing and selling
face masks, face shields, gardening tools and other merchandise and she
continue expand the business in her own. While his husband ( Ramon ) open
his own business which is appliance center because he loves it and he
pursuing his dream to have those business that he can handle in his own
way.

4. Suppose they maintained their business structure in No. 3, if a client had

filed a case against their business for breach of contract, who would have been
legally responsible to respond? Explain your answer. 10pts.
Answer: Based on the no.3, the unexpected problem occured between the
owner and the client. If a client had filed a case against their business for
breach of contact. Who would have been legally responsible to respond? The
responsible for that problem is the owner because no one can complain if
there is no problem on the service or the products’ sell or delivered. It must
be the owner facing those problems and admit their mistakes because
customer is always right. I don't exactly agree that saying but for me as the
owner we need to face those problems so that the products we sell is in good
condition to the client. At the same time the image of the business and the
name of the owner is good to the eyes of the clients. So that the business is
still their and more blessings to come.