Questions Uploads
Business-Forms-and-Governance
/in Questions Uploads /by adminPurpose of Assignment
The legal form an entity or individual takes is a decision that must be considered from a risk and liability perspective, not simply one of ease of formation or cost. Form can impact the entities ability to grow and, in some circumstances, its ability to survive. As you consider this reality and approach this assignment, consider not only the form the business takes but also the way it will be governed. Remember the law requires business leaders conduct their business ethically and within the boundaries of the law.
Assignment Steps
Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 14, 15, 16 and 17; Week 2 Electronic Reserve Readings; Legal Source database located in the Week 2 Electronic Reserve Readings
Scenario: You are sole proprietor presenting to a group of investors where you are seeking 20 million dollars to raise capital for your manufacturing company.
Prepare a 10- to 15-slide Microsoft® PowerPoint® presentation for your potential investors including both parts:
Part I:
Choose the one form of organization best suited for your manufacturing company and explain why:
- Partnership
- Limited Liability Partnership
- Limited Liability Company (including single member LLC)
- S Corporation
- Franchise
- Corporation
Outline for the investors which form of organization (from the list of six under the first bullet) would be the least suited and why?
Part II:
Address the following for the investors regarding the corporate form of organization only (from the list of six under the first bullet):
- Summarize for investors what legal liabilities could arise for the Director or officer of that board?
- Explain how you could minimize those liabilities for the Director or officer of that board?
Cite a minimum of three scholarly references. One scholarly reference must be from the University Library.
Format your presentation consistent with APA Guidelines.
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Civil-Litigation-Affirmative-Defenses-and-Complaint-Answer
/in Questions Uploads /by adminAbel Abrahamson is a client of your firm (Sinclaire and Sinclaire, 464 Main St., Blackacre, Hometown, 37373). He recently received a Summons and Complaint from the Blackacre Circuit Court in your home state, informing him that his brother, Cain, is suing him. The complaint is attached here (Attachment 1, Course Project Complaint Mod 9). Your supervising attorney, Jake Smalls, has asked you to prepare an Answer and Counterclaim on behalf of Abel, for his review. He has already spoken with Abel, who has given him the following information:
- He got into an accident with his brother, but his brother turned out into the lane in front of him, causing the accident.
- He believes his brother was intoxicated at the time, and was speeding.
- He knows his brother went to the hospital, but is unsure of the extent of his injuries or medical bills. He is sure, however, that his brother is faking some of his injuries–he saw him moving furniture shortly after the accident. This also leads him to believe he could still perform his job.
- He is furious with his brother, and wants to sue him for defamation. His brother has been going around town telling “everyone” that he intentionally ran him over because he thought Cain was going to tell Abel’s wife about an affair Abel was engaged in.
- Abel adamantly denies hitting his brother on purpose, and is furious, as he has never engaged in an affair. Regardless, news of his brother’s statements about him have spread amongst the town, and Abel recently lost an election whereby he was running for the Blackacre School Board. Polling showed he lost the election due to the public’s concern over his moral fitness.
Your supervising attorney has advised you that a claim for defamation requires allegations of a false statement, published (or spread to other people) causing damages.
He has also advised you that you will need to research possible affirmative defenses in your home state of Illinois in order to include any potential affirmative defenses in the Answer. A template for your answer is available here (Attachment 2, Answer Sample Mod 9).
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HRM-4485-WeeK-7-Discuss-the-differences-between-qualified-and-non-qualified-benefits-plans
/in Questions Uploads /by adminAnswers must be atleast 200 words long for each question and and must be atleast 4 references provided.
Answer questions about case and give reasons to justify your answers – Be thorough!
1. Discuss the differences between qualified and non-qualified benefits plans.
2. Discuss the difference between a defined contribution and a defined benefit plan.
3. What are the components of executive pay and what additional pay and benefits may be offered to an executive taking an expatriate assignment.
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