Business Law Essay

Choosing between the many business entities offered can be a challenge for some and finding the different pros and cons to each entities. In this essay, I will examine and analyze each business entity that is discussed in our class textbook. The book displays five types business entities. These entities include corporations, limited liability companies, limited liability partnerships, partnerships and lastly, sole proprietorships. For each business entity, I will go in-depth and define each usage

supposed to pay taxes on goods or services. It also doesn't prevent them from having to file a state or federal income tax return at the end of the year. But still, since they receive this benefit, they are scrutinized more closely than a for-profit business is. So it is crucial that those who are responsible for maintaining their books learn about the ins and outs of the specialized field of accounting that must be used for

BYLAWS of the Youth Law & Leadership Institute ARTICLE I NAME AND PURPOSES Section 1.01. Name. The name of the organization is YOUTH LAW & LEADERSHIP INSTITUTE, INC. Section 1.02. Purpose. The Corporation is organized for the charitable and educational purposes of providing a relevant curriculum of basic human rights, legal concepts, advocacy and leadership skills to high school aged youth. ARTICLE II MEMBERS Section 2.01. Qualifications. Membership may be granted to any individual that

In today’s era they’re many business structures like sole proprietorships, partnerships, limited liability companies (LLC), and corporations in which individuals uses to start their own business. Any types of business structure that you may choose will have legal and tax implications (SBA, 2016). If I were to start my own business, I would choose a business entity structure like Limited Liability Company (LLC). A limited liability company is a mix type of legal structure that provides the limited

LAWS-310: Week 5 You Decide- Taking Business Global Jeff Jolly Professor Melanie Morris DeVry University 1 April 2017 Table of Contents Introduction 3 Evaluating Proposals 3 Global Implications 5 Protection from Personal Liability 7 Conclusion 7 References 9   Introduction This memo has been created to present all current proposals in regard to the supply of widgets for Gloria Smithson’s company to meet the requirements of current orders by customers. Though the ideal supply

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marketing with social media is not without risks. If the marketing manager is not familiar with the laws that govern the conduct of business on the

to devise a strategic approach to their activities.” Discuss this statement highlighting the various components of the said analysis. Being a form of strategic analysis, PEST analysis is of paramount importance for an industry. It is used as a ‘business measurement tool’ by companies so as to better understand the market growth or decline. PEST is an acronym for Political, Economic, Social and Technological. These four key areas covered by PEST analysis are external factors and therefore businesses

Liability Law/531 October 2, 2012   Week Two Learning Team Reflection on Personal Liability Benefits to Commerce Team C colleagues decided on the following opinions in respect to the advantages of commerce using shareholders and other entities for protection against personal liability losses. Commerce is the buying and selling of goods or services within cities, states, and globally. The legal structure of a business will establish the liable responsibilities of the business owner. When

C. i. Employees who are employed by business with ten employees –Title VII doesn’t apply to employees who are hired by employers with less than 15 employees; however state antidiscrimination statutes may apply for fewer than 15 employees. ii. Labor union and employment agencies- Labor unions