Tony is a Perth-based entrepreneur who has been developing artificial intelligence software using a machine-learning algorithm to randomly generate and compose pieces of music. Tony believes his technology will have numerous applications, particularly in the marking and advertising space. However, he is aware a lot more work is needed to develop the technology into a commercially viable product. Tony’s daughter, Morgan, is currently completing her PHD in Computer Science and has been instrumental in helping Tony develop the code. Tony wants to start the business soon because he wants to create a stream of passive income for retirement and also set up a trust fund for his children, Morgan an
BSL305: Company Law PROBLEM QUESTIONS Answer all three questions. QUESTION 1: Tony is a Perth-based entrepreneur who has been developing artificial intelligence software using…