head: LEGAL FORMS OF BUSINESS PAPER Alumina and BP Scenario Collaborative Analysis University of Phoenix Pedro E. Grave de Peralta LAW531-Business Law Ken Marc July 28, 2012 This paper will be discussed, as well as explaining sole proprietorship, partnership, limited liability partnership, Limited Liability Company, S corporation, franchise, and corporate form found this
Choosing a Business Structure Abstract In this paper, the author explores the appropriate business form for an inventor to use when starting a new company. The paper investigates the specific needs of the particular company, which are based on the strengths and weaknesses of the company's founder. To do so it looks at the theory behind business form selection and the strengths and weaknesses of individual business forms. Introduction I have developed a new home appliance that has the capability
Legal Forms of Business: Week 2 Legal Forms of Business In business, the first decision that is made is usually the most difficult. When making business decisions, the owner must decide what types of business organization is the best for the company. There are seven forms of business that will be discussed as well as scenarios in which each of these forms of business would be the preferred form. This paper will also justify why the corresponding business form is preferred. The forms
Legal Underpinnings of Business Law Mia A. Rapier BUS 670: Legal Environment Instructor Leah Westerman November 16, 2014 “Liabilities are debts: money you owe. Every business carries some liabilities—for example, ongoing payments to suppliers, rent for your office, compensation to employees, or fees for contractors” (Mancuso, 2014). Added liabilities may result if a business is ravaged by a fire or flood or if the business owner(s) become the victim of a lawsuit—for example, a patron, client
one of the most important filed in business environment, and it plays a vital role in managing corporations, planning and setting objectives and decision making process Corporate governance has the responsibility to protect the market participants and stakeholders. However international markets are difference due to each society, this paper will provide a different definitions for corporate governance, and we will study the main factors that will influence the form and structure of corporate governance
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MGT 352 December 18, 2012 Final Paper 2 Introduction Many companies today often don’t think about legal issues related to their business until they are hit with a lawsuit or decide they need to take legal action against someone else. The ramifications of a lawsuit as a plaintiff or a defendant can impact a company and even destroy a company and its reputation. This can happen if the company is not fully prepared on handling legal pitfalls that might come their way. Creating
are an essential part of business. As a student of a business law class, I will discuss in this paper several aspects of contracts. This paper will give a definition of a contract and the essential elements necessary to form a valid contract. It will briefly discuss breach of contract and the difference between a material breach and a nonmaterial breach of contract. Examples of legal and equitable remedies available for breach of contracts will be highlighted. Also, legal excuses for nonperformance
Riordan Manufacturing Company Business Systems Good communication is vital in any organization. Riordan Manufacturing Company is a multi-billion dollar plastics manufacturer, which makes good use of top-of-the-line technological equipment for its home base in San Juan. However, the multi-billion dollar company has yet to implement a solid technological foundation for its various other locations, they are: Michigan and Georgia. Each location has finance and accounting departments; however, communication
Retention Policy: It is a company policy to maintain a complete, accurate, understandable, and high quality records. The company record are to be retained for the period of their immediate use, unless a longer retention period is needed for reference, legal, contractual, and regulatory requirements Records that have satisfied their required period of retention and no longer required, should be destroyed. No member of upper management, supervisor, and employee of a company should destroy knowingly a document