(Answered) There are 2 questions that i need to have answered and they

Accounting

There are 2 questions that I need to have answered and they are as follows:

Topic#1

What factors did Congress mandate to be considered in determining whether indebtedness is classified as debt or equity for tax purposes?

Topic#2

Say you are planning to start a new business. You expect to have losses for the first 2 years and then achieve significant profits. But, in order to grow, you will need to be able to keep the after-tax earnings. You also want to limit your liability. How will you structure your business and why?

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