| Business Changes | Buss 311 Alex Hooley | sandra chapman
11-17-2014
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There are many liabilities to owning, manufacturing, selling and using fireworks. The potential personal liabilities for injury to consumers caused by fireworks can be devastating to those involved but taking precautions and having warning labels/notices can reduce these risks. Taking on larger business sales of fireworks should include changing from a sole proprietorship to a LLC. With this transition there would also be an increase in employees or independent contractors in order to manufacture more product for the high volume of orders. Creating a valid contract is most important to have before making any of these necessary changes to a business or else there would be a devastating effect on the manufacturing party.
As the manager of Acme Fireworks I have decided to choose Common Law over the Uniform Commercial Code (UCC) because if any changes are made it will lead to the rejection of the initial offer rather than not having much of an impact like the UCC law would by treating it the same. The contract in Common Law would have to be modified with additional consideration in order to make any changes where the UCC it would not impact the original offer and if signed in writing it would not revoke that contract. The UCC is more interested in quantity and Common Law is interested in quality and quantity as well as the price and nature of the work. It is important in the fireworks business to be concerned with the type of law you choose because of safety issues with customers and employees and also because fireworks do have a shelf life that does not exceed from one season to another and it would be too costly for the company to produce more than was necessary for orders. (Diffbtw, 2014)
The owner of Acme Fireworks discussed the prices of a display with the other companies