Case #1 Rules and FormatFact PatternJoshua and Taylor operat

Case #1 Rules and FormatFact PatternJoshua and Taylor operate YELLOW GOODS, a distributor of Swiss cheese. Joshua is responsible formarketing and buying inventory. Taylor is responsible for hiring, accounting, and other administrative duties.Joshua and Taylor, however, split all other management responsibilities equally. Taylor is entitled to 50% ofthe profits. Joshua is entitled to a salary of $135,000 per year. His salary is drawn from the profits, but he isnot entitled to a percentage of profits or any funds beyond his $135,000.I.II.The presentation of your paper shall adhere to the following structure:Issue – Identify the issueRule – Identify and briefly define the applicable rule, term, or concept (don’t spend more than 2sentences on this for any issue).Analysis – Apply the applicable rule, term, or concept to the facts. And, present arguments for bothsides.Conclusion – Pick one side and give a conclusionFormatting rulesTimes new roman 12 Point fontDouble spacedEnd justify (both right and left)Include page numbers0.75 inch page margins all aroundHeader should take up no more than two lines and should include your name, student id, class, andassignment nameCase should be no more than three pages, no less than oneReferences – APA format (should have its own page)Case Rubric:Proper format, spelling, grammar and aesthetics: 40%Correct rule(s) identification: 20%Analysis: 20%On-time submission: 20%