Business Law Scenarios

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    Acc 363 Week 4 Learning Team

    consultants for a start-up business venture. As part of your analysis of the new business venture, prepare a 1,050- to 1,750-word proposal to the CEO in which you discuss: The different forms of business organizations that may be selected as the basis for the business The characteristics of a corporation The different types of stocks and corresponding characteristics, which a corporation may issue The advantages and disadvantages to the corporate form of doing business Cite the source or sources

    Words: 773 - Pages: 4

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    Major Business Formation Types: Pros & Cons

    There are four different major business formation types. First I will discuss the sole proprietor formation, then the general and limited partnership, the corporation formation and then the limited liability company. I will focus on the main advantages and disadvantages of the formations and decide which one would be best for a design firm. A sole proprietorship is similar to a freelancer, in a sense that one person is the boss and has responsibility over everything. They are taxed similarly as

    Words: 458 - Pages: 2

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    Conzditions for Monopoly

    most common ways to organize a business:        Sole Proprietorship Partnership Limited partnership Limited Liability Company (LLC) Corporation (for-profit) Nonprofit Corporation (not-for-profit) Cooperative. Sole Proprietorships and Partnerships For many new businesses, the best initial ownership structure is either a sole proprietorship or -- if more than one owner is involved -- a partnership. Sole Proprietorships A sole proprietorship is a one-person business that is not registered with

    Words: 829 - Pages: 4

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    Gender Equity

    Week 1 Interactive Assessment Read the Work, Family, Equity Index 2007 report and state your views on where the U.S. stands in terms of leave for illness and family care.  State your views on the differences between the U.S. policy and those implemented in other countries.  How do you think the U.S. policy impacts both the individual who is sick and their family members?  Do you think the U.S. policy should change?  If so briefly describe what you feel the U.S. policy should be.  If not, state why

    Words: 598 - Pages: 3

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    Sales

    ! Different Types of Business Organizations! ! Sole Proprietorship. ! 
 ! Sole proprietorships is one of the easiest types of business organization to sign up for. This unincorporated business only requires one person to have ownership. Convenience is why this form of organization is preferred, as this organization has the least amount of regulatory oversight. The single owner of the business is the one personally liable for the actions of the business. When filling your income tax

    Words: 874 - Pages: 4

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    Acme Firework Business Evaluation

    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

    Words: 267 - Pages: 2

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    Small Business Start-Up Checklist

    Startups A Small Business Start-Up Checklist 1. Conduct Research and Development *First, answer the following questions: · Is there a current or potential demand for your product or service? · Who makes up your target market? · Does the demand have potential staying power? · What does the current competition look like? · What are the anticipated production/operation costs? (This includes the average cost of any necessary supplies, equipment, and facilities as well as the cost to hire

    Words: 1034 - Pages: 5

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    Lit 1 Task 1

    proprietorship is a business organization, which is owned by a single individual. The individual makes all decisions for the business without having to consult with other employees or departments. There are many advantages in sole proprietorships. First off, sole proprietorships are easy to create. The owner simply starts doing business by providing goods or services and charging for the goods and services provided. In addition, the owner makes all decisions concerning the business and how it is operated

    Words: 732 - Pages: 3

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    Small Business Idea

    Small-Business Idea Vanessa Singleton ACC/561 May 20, 2013 Aaron Strenkoski Small-Business Idea Due to the government releasing funds to establish small businesses, my vision of owning a spa becomes a reality. Starting a new business is challenging, a potential business owner should develop a well thought out business plan to set their venture into action. As a business owner, I have to take into consideration which of the four forms of business organizations best suit my services. I must

    Words: 1795 - Pages: 8

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    Lit2 Task Lit1 310.1.2-01-06

    To: Business Owner From: Justin Lugar Date: November 4, 2015 Subject: Business Form Recommendation It seem as though the you are looking for a couple distinct business characteristics for improving areas of concerns you have for your, so far, promising business venture. Since you are now operating in a sole proprietorship, which allows business and personal finances to be one in the same, one worry is not having enough liability coverage to protect your personal assets/finances in unforeseeable

    Words: 905 - Pages: 4

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