Session 4 Billy Bsuiness - BUS LAW

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School

University of Phoenix *

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Course

305A

Subject

Law

Date

Feb 20, 2024

Type

odt

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Uploaded by LuisS86

Final Case Analysis Milestone – Outline Jasmina Sprayberry College of Adult and Graduate Studies, Colorado Christian University LAW-305A-ON35: Foundations of Business Law Dr. Kenneth Heer 12/3/2023

Final Case Analysis Milestone- Outline Billy Wildermon’s Rafting Business Introduction The importance of business law in navigating a business landscape without encountering legal issues cannot be overstated. A solid grasp of the fundamental principles of business law can often be the determining factor between the success and failure of a business venture. This comprehension not only shields a business from potential lawsuits initiated by stakeholders or external entities but also establishes a framework for orderly operations. The overarching purpose of business law is to maintain a sense of order, guide behavior, uphold expectations, foster equality, and serve as an effective mediator. As aptly noted by Jennings (2016), "Businesses, people with contracts, and property owners rely on the law for consistent protection of rights" (p.3). In essence, the law becomes a safeguard, providing a reliable shield for rights and interests. In this context, I am eager to contribute to enhancing your business's understanding of the legal landscape. My assistance aims to empower your business with the knowledge needed to navigate the complexities of business law successfully. Background Billy Wildermon, in running your rafting business along the river in southern Colorado, several legal concerns have come to light that require urgent attention. Firstly, there are contract issues arising from incomplete documentation of transactions and agreements with clients. This lack of proper paperwork can pose risks and lead to disputes. Secondly, there are potential business tort issues, particularly concerning the undisclosed payroll for your employees. Proper documentation of payroll is crucial for compliance and avoiding legal troubles. Thirdly, the employment of three river guides and two bus drivers from diverse backgrounds introduces agency issues, where responsibilities and liabilities may not be clearly defined.

Fourthly, the use of chemicals in the river raises environmental concerns. Adhering to environmental regulations is crucial to avoid legal repercussions and maintain the sustainability of your operations. Fifthly, there are human resources (HR) issues, particularly regarding the complaints of a hostile work environment by female employees. Addressing these concerns is not only essential for legal compliance but also for fostering a healthy workplace culture. Lastly, the mention of intellectual property issues indicates a need to assess and protect any unique aspects or ideas related to your business. To tackle these issues and prevent future lawsuits, I'll provide specific recommendations tailored to each concern. This proactive approach will not only resolve existing problems but also safeguard your business from potential legal complication. Legal Issues: Contract issues • Contracts are crucial for businesses as they ensure the legitimacy of transactions between parties. • In Mr. Wildermon's business, there's a notable absence of documentation for payroll and financial transactions. • The absence of proper documentation poses a potential risk, especially when entering agreements with other companies, as the business might face legal issues in the future without clear evidence of agreed-upon terms. Business Tort Issues • The business acquires visual content for advertising purposes without obtaining proper legal permits. • The company compensates a tourist agent to transfer his company electronically through the business's website. Agency Issues:

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