solution

  • How to organize the business?(minimum 1 page)

    • Define the four options for organizing a business.

    • Explain the pros and cons of each option in terms of formation and liability.

    • Make a recommendation on how to organize the business and explain your reasoning.

  • How to arrange employment?(minimum 1.5 page)

    • Describe the three options for arranging employment.

    • Explain the duties and liabilities of employers in employee-employer arrangements, and compare them to the principal’s duties to agents and third parties in agency arrangements.

    • Make a recommendation for arranging employment and explain your reasoning.

    • Emphasize the importance of adopting non-discriminatory practices and list three specific strategies for avoiding discrimination in employment.

  • How to decide on the business real property?(minimum 0.5 page)

    • Describe the two options for the business real property (office space).

    • Provide the key legal steps for each option.

    • Make a recommendation. Which one is more appropriate in this case, and why?

  • How to deal with personal property?(minimum 0.5 page)

    • Describe the term “creation of property.”

    • Recommend an action step to protect the created product.

  • How to plan the sales activity?(minimum 1 page)

    • Describe the difference between “sales of goods” and “contract for services.”

    • Explain which one fits the business idea

    • Emphasize the key legal considerations in regards to consumer protection.

  • How to protect the business?(minimum 0.5 page)

    • Discuss at least two risks the business might face.

    • Define risk-bearing devices.

    • Recommend one risk-bearing device the entrepreneur should consider, and explain why.

  • Conclusion(1 paragraph)

    • Conclude your proposal with a reminder of your goals, a summary of what you have achieved, and a suggestion to the entrepreneur for next steps.

 
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