Material Business Forms Worksheet There are seven forms of business: sole proprietorship‚ partnership‚ limited liability partnership‚ limited liability company (including the single member LLC)‚ S Corporation‚ Franchise‚ and Corporation. 1. Research and provide three advantages and three disadvantages for each business form. 2. Provide a 100- to 200-word summary in which you provide an example business that you would start for each form. What is legally necessary to file in order to form that business
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Quiana Fryar University of Phoenix Business Law/531 Recognizing and Minimizing Tort and Regulatory Risk Plan Mrs. Lillian Watson June 14‚ 2010 Recognizing and Minimizing Tort and Regulatory Risk Plan In today’s business environment it is important for all organizations to develop and maintain a plan to avoid regulatory risks. Management should be able to manage any risks through preventive‚ detective‚ and corrective measures. As a manager it is important to prevent extensive loss‚ environmental
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card has been cancelled. To make matters worse‚ the fact that her card has been cancelled is reported to a credit reporting company‚ which hurts Betty’s credit score and makes it harder for her to get credit. Does the law provide any protections for Betty? What can she do? No‚ the law does not provide protection for Betty because when a credit card account is a joint account and one spouse dies‚ the responsibility of handling that account will fall on the surviving party. Betty can protect herself
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Law 531 Week two Law 531 Week Two Threats. The contract is agreement between two parties they find they have some to exchange; the power and commitment between two parties enforcement by the court‚ The contract have many legal details to be discussed by lawyer or expert. The contract administration‚ focus on the requirement for the services the company have to get when they sign a contract for new service or to get new products. In field like software consultant it is very complicated and
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Legal Forms of Business Choosing a form of business for a product or type of service depends on the liability an individual is willing to assume‚ how much involvement an individual wants in the day-to-day work‚ and how much control an individual wants over the business. Prior to making a choice‚ an individual must understand each form of business as well as the risks and rewards for each. There are numerous forms of business‚ including sole Proprietorship‚ Partnership‚ Limited Liability Partnership
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Nontraditional and Traditional Litigation Felicia Cobbs Law 531 Business Law Professor Herndon October 17‚ 2011 Nontraditional and Traditional Litigation “Litigation is the bringing‚ maintaining‚ and defense of a lawsuit” (Cheeseman‚ 2010). There are two forms of litigation: traditional and nontraditional. The pretrial process is divided into pleadings‚ discovery‚ dismissals and pretrial judgments‚ and settlement conference. This is followed by the trial proceedings and appeals‚ if applicable
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This work includes LAW 531 Week 2 Assignment Business Regulation Simulation VERSION 2 Corporate responsibility‚ in areas such as compliance‚ ethics‚ and law is very significant to the sustainability and profitability of every organization. These areas have become key factors in many of the day to day business decisions that organizations face. It is imperative that management have a thorough knowledge of business regulation and the laws that surround it‚ specifically in the industry in which
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each of the unique forms of businesses described in the course readings delegated to week two of the course syllabus. Further‚ this involved the detailed analysis of the similarities and differences‚ as well as‚ the unique principles and reasons behind each of the business forms‚ and to do so in a way that eventually allowed one to determine a business scenario that worked best for each form described. In the end‚ it became quite clear that whether a business takes on the form of a sole proprietorship
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Case Brief & IRAC Carrie "Shellie" Cobbs University of Phoenix LAW 531 Judge Stephen R. Ruddick April 28‚ 2015 Case Brief & IRAC Case Brief: Natasha Hallet was a veteran performer for Cirque du Soleil and performed numerous times without injury until one mistake that took place during a show in Orlando‚ FL changed all of that. While performing an aerial stunt‚ Ms. Hallet said that she forgot to rig her harness properly and that her partner missed her mistake during a routine safety check. Since
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Employment Law: Immigration Immigration has become a huge topic in the United States for the last several years. House Bill 1804 has transitioned Oklahoma business owners to find individuals with legal status to fill their staff. In this paper I will discuss how this bill has impacted farmers and local businesses with labor work the average American wouldn’t do for the low pay. House Bill 1804 In 2007‚ House Bill 1804 was established in Oklahoma. This is a strict anti-illegal immigration law introduced
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