Acme Fireworks Name Course Instructor Institution Date of Submission Acme Fireworks Business Contracts The business contract is considered as the common legal transactions most business people get involved to ensure the activities run smoothly. When a person understands the contract law, he/she is good to create a sound business agreement. However, the agreement would be legally enforceable in case something bad happens. As the manager
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Acme Fireworks Joyce Mathews BUS 111: Business Law Prof: Maria Fiorentino January 19, 2015 Acme Fireworks Acme Fireworks is a company that sells fireworks but our main attractions are ground firework displays and large aerial displays. We have come a long way from working in the owner’s garage to a full facility with 15 employees. My job is to manage the facility and to make sure the owner’s expectations are met. Recently the owner has advised me that he received inquiries from other
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Implementing a New Business Structure at Acme Fireworks Timothy Taylor BUS311 Business Law I Beverly Rudnick September 28, 2015 Implementing a New Business Structure at Acme Fireworks As the operational needs of a business change, the business must change with it. During expansion, it must evaluate its position and its future potential and make decisions as to the structure and operations of the company, current and future obligations, its risks, the kind of workforce that is necessary
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Acme Fireworks Business Evaluation Ryan Magana BUS311: Business Law I (BBL1524C) Maureen Martinous July 13, 2015 Acme Firework Business Evaluation Acme Fireworks is looking to change the business entity of their company but needs help deciding how to go about doing it. There are plenty of options for the company to go with but some might be more beneficial when it comes to thinking about long term. In this evaluation we will go over the options that are available and what we consider to
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Acme Fireworks Analysis When the determination has been made to change a business’s entity it is important to understand what entity would be best suited for their business needs. Acme Fireworks is a sole proprietorship that is growing fast, the owner is considering changing the business entity. The decision that needs to be made is which entity will best suit their advancing needs. Acme Fireworks can choose between three entities: a partnership, corporation, and limited liability company (LLC)
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Acme Fireworks Kelvin M. Spencer BUS 311 – Business Law I Professor David MacKusick December 4, 2015 I have been hired by Acme Fireworks Company to manage their company. As the manager I have been asked by the Owner to evaluate and re-evaluate the direction the Company is moving and provide effective feedback that can help make the company operate better. In this paper I will address whether or not the contracts will be governed by common law or the UCC (Uniform Commercial Code)
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Final Paper Proposal James Collier BUS311: Business Law I Instructor: Daniel Malvin 9-1-2014 A sole proprietorship is a one-person business that is not registered with the state as a corporation or a limited liability company (LLC). The owner of the Acme Firework is a sole proprietor that has never changed his business entity. A sole proprietor can be held personally liable for any business-related obligation. This means that if your business doesn't pay a supplier, defaults on a debt, or
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Acme Fireworks Laura Miranda BUS 311 Business Law I George Holbrook [ August 25, 2014 ] Introduction As the owner of Acme Fireworks you have asked me, you manager, to review and explain some ideas to you. In the following pages I have explained the potential personal liability for injuries to consumers and what must be on our labels for safety. Analyzed the newly formed contracts with the retailers and the employment and expansion that are needed for Acme to go along with the new contracts
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excellent students in Mr Danny Nguyen’s Financial Accounting class has said to his classmates ‘I think that, according to Generally Accepted Accounting Principles, a proprietorship (such as a local family restaurant) has unlimited liability whereas a corporation (such as Microsoft) has limited liability.’ Explain in details the main difference between “unlimited liability” and “limited liability” which were mentioned in the statement of Tuan Anh. Answer: * Unlimited liability: All personal assets
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Acknowledgement First of all we would like to thank the Almighty Allah without whose help nothing is possible. It is a privilege to express our sincere and deep gratitude to our faculty member Ms. Noor-E-Hasnin (NEH), for her expert guidance, constant encouragement and generosity. Lastly, we must thank the Company Secretary Khandaker Habibuzzaman of Square Pharmaceuticals Ltd who helped us with all the required information. This analysis would not have been possible without his generous cooperation
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