Free Essay

Business Law

In:

Submitted By lannisanita
Words 1860
Pages 8
ASSIGNMENT: Business Law NAME: UNIVERSITY: COURSE TITLE: DATE: INSTRUCTOR:

QUESTION ONE
Tort is a body of obligations, rights, and remedies applied courts in the civil proceedings for providing relief for suffered persons from wrongful deeds of others. The plaintiff is an individual who sustains an injury or to some extent suffers pecuniary damage due to tortious conduct. The tortfeasor or the defendant is the person who inflicts the injury and also incurs liability for damage. According to the case of Lance and Cadella vs. Parramatta Council, there is a breach of the law of tort. There is in respect of rights regarding Lance by the Parramatta Council. Lance is riding towards a park through the Macquarie Avenue where he gets into an accident. The cause of the crash is a chain strung by the council. However, the plaintiff does not know the existence of the line since the last few days he rode over the same route, and it was smooth and encouraging for riding. There should be an establishment of three elements in every action of tort. One of them is that the plaintiff (Lance and Cadella) ought to establish that the defendant (Parramatta Council) was doing the legal duty of acting in a particular fashion. Another element is that Lance and Candella to demonstrate that the council breached the duty by not conforming the behavior accordingly. The third part is that Lance and Candella ought to prove that the injury suffered is a direct result of the council’s breach (KEENAN & RICHES, 2007).
The actions of tort do not depend upon the consent of the parties to a particular lawsuit. Tort actions involve private citizens, and the remedies include money, injunctions, and damages. It is worth noting that those who break the laws are not subject to either incarceration or fine in civil court. There exist various actions against the torts. One of the actions that Lance should take against the Parramatta Council is that of negligence. The fact that Lance and his wife rode on the same route the previous week, and there was no presence of the chain depicts that he acted the same way by riding fast over the street. On putting the chain, the council did not inform Lance to avoid any unpredictable injury. By not creating awareness or even putting the notice that there was the insertion of a chain holds the board liable for the damage caused to the cyclist. More so, there is action against the breach of confidence. The color of the string was gray just like that of the path and this brought confusion. The council handles any form of injury since it ought to paint in at least a different color that any reasonable human being can see and avoid some predictable accidents. Lack of proper communication to the public as well as unclear signs to the mounting of the chain makes the council breach the tort.
Another action of tort is that of attractive nuisance. The path leading to the park attracted the cyclist to ride fast. The hazardous condition of the entrance of the park make the council bear the loss realized by the cyclist (Lance) and the wife. The board ought to make the path leading to the entrance a bit rough so that any normal human being o happens to ride on the road does not do it fast. It will create some time for the cyclist to apply brakes when he or she realizes the presence of the chain. It is evident that if Lance were riding quite slowly, the braking session would be possible before the accident happened. The council holds the responsibility of making sure that any form of actions that may lead to accidents happening are avoidable at all cost. There is a lack of information to the customers of the park whereby the council expected to have continued considerations for them. There is understanding that Lance and the wife rode to the park the previous Sunday. Therefore, the council has a duty to inform to them for any changes made to the park. However, ignorance by the council to let Lance and the wife know of the current changes makes them responsible for the injury caused to Lance. Lance should take the action of ignorance towards the council, and it is enforceable by the court of law. The private life of the customers (Lance and Candella) interfered with in a risky manner, and their plaintiff should sue the council for compensation and payment of damages (PARSONS, 2011).
The overall action by Lance and Candella towards the Parramatta Council is that of negligence. The negligence supersedes all the elements actionable to the council by Lance and his wife. The neglect also depicted by the lack of considerations, communication, and an unclear sign of mounted chain as well as an attractive nuisance to mention but a few. All the stated elements make the council liable for the accidents caused by their negligence in the park. They ought to at least have a soldier who informs the public who get into the park as customers that there is a mounted chain. This will reduce the predictable accidents that may happen at the entrance of the park.

QUESTION TWO
Common law (Anglo-American Law or precedent) is a type of law based on decisions from the judges regarding the hearing of particular cases. It has no basis of constitution and consists of procedural remedies. The common law in the United States developed from customized judges that attributed to court decisions. It is worth noting that the courts of common law base the decisions on the prior pronouncements of the judiciary and not the on the basis of the legislative enactments. According to the case of Andrew vs. Smith’s Auto, there is evidence that the terms of contracts contained in the A4 white paper bound both the parties. However, there some ignorance depicted by Andrew where he did not take the time to read the terms and conditions. Despite the fact that he used to have some services from the same motors, he should read the expressions of the contract before signing off any document. The presence of the notice (“All vehicles accepted for repair subject to the terms and conditions appearing in our invoice”) binds Andrew even more to the contact. The ignorance realized cannot hold evidence for supporting Andrew and therefore, anything that comes after either positive or negative implies that Andrew is to blame (OSBORNE, 2007).
According to the principles of the common law, there is an aspect of “Stare Decisis”. It means that the judges of common law have the obligation to make decisions in their reports of law by deriving some evidence from decisions of previous controversies. The precedents or the past decided cases will help in solving the case whereby Andrew claims that his car developed some more defects than before. Regarding the common law, any written evidence as an agreement for a contract between parties is enforceable in a court of justice. The fact that Andrew signed the invoice indicating the completed work of repair protects Smith’s Auto. The signed invoice also has the terms indicating that the customer agrees to the corrected work. On finding that the vehicle seems to have no signs of repair makes no responsibility to the Smith's Auto. It shows that he has to suffer the loss alone unless they do it out of heart but according to law, his arguments are unenforceable.
There is a statement in the invoice that Smith’s Auto should not take responsibility for any form of loss caused by theft, fire or otherwise to the customer’s cars. Despite the repair done to Andrew’s car, the damage posed by the one who ran into the car is not a liability to the Smith’s Auto. It is due to the clear evidence put on notice to any customer then no responsibility the Auto should take. It means that the Andrew will have to bear the loss and have his car repaired again. The signing of the invoice binds Andrew to pay for the services of repair though he never enjoys the repair claimed done by the Smith’s Auto. According to the common law, anything that comes after the agreement through signing like in the case of Andrew and Smith is not part of the contract. It does not bind the parties to the contract and, therefore, is as well not enforceable by the law. If Andrew happens to claim that his car got the damages of the GPS system of navigation when is in the possession of the Smith’s Auto, he will not get any damages paid. It is because of the outlined instructions or terms of the contract that protect the Auto from any liability (KEENAN & RICHES, 2007).
The common law stipulates that ignorance not evidenced to breach a contract. Andrew breaks the contract by overlooking the terms of the contract and going to the extent of signing the invoice blindly. It leads to loss of support by the law since all the contractual duties meet the necessary elements for the favor of Smith’s Auto.
The fact that the invoice stated that Smith’s Auto should not take the liability for any theft of a customer’s car when under repair protects Smith from taking responsibility of the stolen GPS system. There is negligence on the side of Andrew where he refused to read the instructions or the terms contained in the invoice. The law understands the written and signed the invoice and therefore, any complaint by Andrew may not be enforceable by the court law. Andrew requires that he just approaches Smith for gentle conversation whether the Auto should help him recover the lost GPS, and repair again the rear wheel. The Smith’s Auto hold no obligation of repairing the destroyed motor and the stolen GPS again. Despite the fact that the manager of the Auto drove with Andrew’s car to the meeting, the contract states explicitly that the Auto takes no responsibility.
More so, the common law states that any agreement should have a consideration to the offer made between the contractual parties. When Andrew leaves the car for repair, he gives no account that would act as an element of the evidence that he had his car left for repair. Besides, there should be no ignorance in any form of contact according to the common law. Andrew demonstrates a high degree of ignorance by assuming that everything is in the right order when signing for the repaired car. Andrew ought to sign the invoice after receiving the car rather than before receiving the repaired one. It will give him high chances and evidence of claiming for the damages as well as the action of law. However, the ignorance in him makes him liable for his car even though the causes of damage come from the Smith’s Auto (OSBORNE, 2007).

References
KEENAN, D. J., & RICHES, S. (2007). Business law. Harlow, Pearson Longman.
OSBORNE, P. H. (2007). The law of torts. Toronto, Irwin Law.
PARSONS, T. (2011). The law of contracts. Boston, Little, Brown, and Co.

Similar Documents

Free Essay

Business Law

... Law, Ethics, and Corporate Governance LEG500009016*201102 January 29, 2011 Explain if it matters that a parent literally had nothing to do with a biological child in order for the child to take advantage of the Family and Medical Leave Act (FMLA) to care for that parent. The Family and Medical Leave Act of 1993 (hereinafter FMLA) provides an ethical basis for human resource decisions involving conflicts between an employer’s interest in having an employee at work to pursue the organization’s needs and an employee’s need to be away from work to attend to serious family needs that include the serious health condition of the employee, a family member, or the addition of a new child to the employee’s family. If that child resides in the home of the caregiver such as that parent is providing care or guardianship even if that child is not their biological child, then yes, they would be entitled to the Family and Medical Leave Act to care for that child. They would have to show proof of court documents stating that they are the legal guardian of the child. The FMLA encourages employers to view employees who adopt children or act as foster parents of children as parents with equal rights to leave as employees who are biological parents. Explain whether the size of the business can have any effect on whether Tony is eligible for family leave under the FMLA. Herman at Rally Motors owns a small business car dealership...

Words: 1113 - Pages: 5

Premium Essay

Business Law

...here to make my presentation. The title of my article is “See Further” When Facing New Business Legal Matters ”, and its author is James A. Wahl. I got this article from Monroe Moxness Berg website. When start a new business, there are many areas where legal planning can save time and money in both the short and the long run. So this article tries to analysis these areas from four aspects: Corporate Structure, Trademarks and Other Intellectual Property, Non-Disclosure and Non-Compete Agreements and Exit Planning, so that help business owners create a legal structure that will maximize the value of their investment of capital and effort. The content about selecting a proper legal entity and organization relates to the unit 8 Business organizations. This part in this article analyses different business organizations, such as sole proprietorship, limited liability company and corporation, to find that proper legal entity selection and organization can, among other things, limit the legal liability of the owners, facilitate tax savings, streamline accounting, and facilitate eventual sale of the company, whether to insiders or third parties. So this part takes advantages of the knowledge of different business organizations which we will learn in unit 8. The content about trademarks and other intellectual property relates to the Chapter 8 intellectual property and internet law. This part in this article analyses the importances of using trademark and copyright which...

Words: 379 - Pages: 2

Premium Essay

Business Law

...Anthony and Karen were partners doing business as the Petite Garment Company. Leroy owned a dye plant that did much of the processing for the company. Anthony and Karen decided to offer Leroy an interest in their company, in consideration for which Leroy would contribute his dye plant to the partnership. Leroy accepted the offer and was duly admitted as a partner. At the time he was admitted as a partner, Leroy did no know that the partnership was on the verge of insolvency. About three months after Leroy was admitted to the partnership, a textile firm obtained a judgment against the partnership in the amount of 50,000. This debt represented an unpaid balance that had existed before Leroy was admitted as a partner. The textile firm brought an action to subject the partnership property, including the dye plant, to the satisfaction of its judgment. The complaint also requested that, in the event the judgment was unsatisfied by sale of partnership property, Leroy’s home be sold and the proceeds applied to the balance of the judgment. Anthony and Karen own nothing but their interest in the partnership property. What should be the result: With regard to the dye plant- With regard to Leroy’s home- Since Leroy was admitted before the judgment was actually brought upon the partners It would make him liable to subsequent debts of the partnership along with Anthony and Karen, since the dye plant was part of the deal when Leroy entered the partnership it would be considered...

Words: 312 - Pages: 2

Premium Essay

Business Law

...Faculty of Business and Environmental Studies T1/13 Coursework Assignment Diploma in Engineering Business Management Module: 102KM Business Organization Assignment Title: Types of Business Organizations Date & Time of Submission : Week 10 (22:00) Assignment Weighting : 50% Word Limit : 3000 words Description of Assignment This is an individual assignment and carries 50% of the module weightage. A business can have a number of different types of ownership depending on the aims and objectives of the owners. This assignment requires further study on the different types of ownership, which makes up the different types of business organizations, which will be tested in tasks 1-3. Brief TASK 1 You are required to explain the different types of business organizations as listed below: - Sole proprietorship (10 marks) - Partnerships (20 marks) – Please discuss the different types of partnerships - Corporation (10 marks) TASK 2 For each type of Business organization identified in Task 1, discuss 2 advantages and 2 disadvantages that reflect the role of the Business Organization in the economy. 2.5marks will be awarded for each advantage and disadvantage (30 marks) TASK 3 For each of the types of business organizations listed in Task 1, explain in detail and support with a brief study of a Company that is based on that particular organization structure...

Words: 376 - Pages: 2

Free Essay

Business Law

...Case Study A (50%): Stan is thinking about starting a toxic waste disposal business. He plans to collect the waste from businesses that produce it and then dispose of it in a sanitary landfill. In order to start this business, Stan will need a substantial amount of money to buy and develop the landfill site and purchase five trucks capable of transporting toxic waste. What concerns would you have about operating this business as a sole proprietorship if you were Stan? What alternative form of business organization would you recommend and why? Case Study B (50%): In 2006, Sally opened a restaurant called Traders’ Place in rented premises in Ottawa’s booming financial district. She operated the restaurant as a sole proprietorship. By 2012, the business had grown and she determined that she needed experienced help to run the business. In November 2012, Sally approached Marty to see if he would become the manager of the Traders’ Place business. He agreed and the following were the terms of his agreement with Sally. Each month, Marty was paid $1000 plus 1 percent of the total restaurant revenues for that month. Total monthly revenues, on average, were about $100 000. At the end of each complete calendar year that Marty worked, if the restaurant had made a profit for the year equal to or exceeding $200 000, Marty was entitled to receive 10 percent of the profits. Marty was responsible for managing the restaurant, including opening and closing the restaurant, hiring...

Words: 319 - Pages: 2

Free Essay

Business Law

...resulted in a determination that the instruments were not documentary drafts and a judgment in favor of payees for the face amount of the instruments together with interest from the date of demand. We conclude that the items were documentary drafts and reverse. 2 Plaintiffs, Marcus Wiley, James Tate and James Irby, were partners engaged in buying and selling used cars under the trade name, Wiley, Tate & Irby. Over an extended period of time Wiley, Tate & Irby sold a number of automobiles to Billy Houston, a sole proprietor doing business as Houston Auto Sales (Houston). In connection with each purchase Houston executed and delivered to Wiley, Tate & Irby a negotiable instrument drawn on the defendant, Peoples Bank & Trust Company of Tupelo, Mississippi (Payor Bank). Upon delivery of each negotiable instrument, the respective automobiles sold were at once turned over to Houston. All transactions were consummated at Wiley, Tate & Irby's place of business in Milan, Tennessee. 3 In each instance Wiley, Tate & Irby deposited the instrument they received from Houston in the Milan Banking Company (Depositary Bank) and thereupon were authorized by that bank to draw against such money. The Depositary Bank transferred the instrument to Union Planters National Bank of Memphis, Tennessee (Intermediary Bank), which transferred the same to the Payor Bank. 4 Nine instruments...

Words: 637 - Pages: 3

Premium Essay

Business Law 6

...1. Is it possible for two or more people to create a partnership unintentionally? A partnership also may be created when two or more parties who do not have a written agreement or even an intention to form a partnership act in such a way as to lead third parties to believe that a partnership exists. 2. How can a person overcome prima facie evidence of a partnership? By showing that the share of profits received represented wages or payments of a debt, interest on a loan, rent, or the purchase price of a business or goods. 3. Under the Uniform Partnership Act, is partnership property owned in the name of the partnership or in the names of the partners? Under the Uniform Partnership Act, any partnership property, whether real or personal, may be owned either in the names of the partners or in the name of the firm. 4. What can personal creditors of one partner do to try to collect the partners debt form the partnership? The personal creditors of one partner can ask a court to order that payments due the debtor partner from the partnership be made to the creditors. They also can force the sale of a debtor partner’s interest in the partnership. 5. How will partnership profits and losses be share if the partnership agreement does not fix the ratio? If the partnership agreement does not fix the ratio of sharing the profits and the losses, they will be shared equally, not in proportion to the contribution to the capital. 6. If no date for the dissolution...

Words: 1099 - Pages: 5

Premium Essay

Business Law

...have Miriam, who is a wealthy investor wanting to invest in their dream. Miriam will provide the capital with minimal participation in the business, but is wanting to profit from the business. Business Entity, Control, Taxation, Liability Since there are three individuals wanting to gain and contribute to this sports bar and restaurant the best suitable entity would be as a general partnership. A general partnership is recognized as being one in the same as its owners. Lou and Jose will be constituted as the general partnership, whereas Miriam would be known as partnership by estoppel. An estoppel is classified as one who is not permitted to deny the partnership. Control in a general partnership is based on the agreement by all partners. A general partnership only has one level of taxation, and is considered a tax-reporting entity and not a tax-paying entity. The profits that will be acquired from the sports bar and restaurant, each partner will be granted their share. Since each individual gets their amount as agreed upon, it goes into an individual account meaning that each need to report their earnings on tax forms individually. The liability that exists in a general partnership include unlimited personal liability. Each partner in a general partnership is liable for maintaining the partnership’s obligations. In the event of a law suit, joint partnership is sued as a group, and several liability individual partners are sued. There are three main rules that apply to...

Words: 835 - Pages: 4

Free Essay

Business Law

...written notice of such default to the defaulting Partner. The defaulting Partner shall have fourteen (14) calendar days after such notice is sent to cure such default. If the defaulting Partner fails to timely cure such default, the Partner that is then entitled to purchase the defaulting Joint Venturer’s share in the Partner may invoke, in addition to any other remedy at law, the sale of the defaulting Joint Venturer’s interest in the Business Cooperation as stated in paragraph 9.02. 10.02 Sale Notice. Sale Notice. Notwithstanding the written offer requirement of the selling Partner in paragraph 9.02, if the defaulting Partner fails to make the required written offer to sell his interest within five (5) days after the expiration of the cure period, any non-defaulting Joint Venturer’s that is entitled to buyout the defaulting Partner may send written notice of intent to purchase the defaulting Joint Venturer’s interest in the Business Cooperation and the defaulting Partner shall complete the sale within thirty (30) days after such notice is sent. ARTICLE XI REPRESENTATIONS AND WARRANTIES 11.01 Each Business Cooperation hereby represents and warrants to each other the following matters: Each Partner has the legal power, right, capacity and authority to enter into this Agreement. However ABC COMPANY IN CHINA does have the right decisive vote in all matters in the project gathering and planning. All requisite action (corporate, trust, partnership or otherwise) has been taken...

Words: 1361 - Pages: 6

Free Essay

Business Law

...Law of agency From Wikipedia, the free encyclopedia Jump to: navigation, search The law of agency is an area of commercial law dealing with a contractual or quasi-contractual, or non-contractual set of relationships when a person, called the agent, is authorized to act on behalf of another (called the principal) to create a legal relationship with a third party.[1] Succinctly, it may be referred to as the relationship between a principal and an agent whereby the principal, expressly or impliedly, authorizes the agent to work under his control and on his behalf. The agent is, thus, required to negotiate on behalf of the principal or bring him and third parties into contractual relationship. This branch of law separates and regulates the relationships between: • Agents and principals; • Agents and the third parties with whom they deal on their principals' behalf; and • Principals and the third parties when the agents purport to deal on their behalf. The common law principle in operation is usually represented in the Latin phrase, qui facit per alium, facit per se, i.e. the one who acts through another, acts in his or her own interests and it is a parallel concept to vicarious liability and strict liability in which one person is held liable in criminal law or tort for the acts or omissions of another. In India, section 182 of the Contract Act 1872 defines Agent as “a person employed to do any act for another or to represent another in dealings with third persons”...

Words: 4577 - Pages: 19

Premium Essay

Business Law

...Business Law Name Institution Business Law When starting a new business, there is a range of legal issues that the two graduates should put into consideration before making the business operational. Everything from the business structure to its operation to its name has legal implications. Before starting the business, the two graduates are required to sample legal concerns that they want to address with their attorney before they start the business (Miller, Cross, & Jentz, 2013). They should make sure that the business name they wish to use (“Take No Prisoners” in this case) is not already being used by some other business. They can accomplish this by conducting a name search using the appropriate state agency, which is often the office of Secretary of State. In case the chosen name is not used already by another organization, they can go ahead and reserve it with the office of the Secretary of State for a period of about 120 days, as they prepare their articles of organization or a partnership agreement. They will also need to decide on the kind of business structure that suits their business such as partnership or limited partnership. In deciding this, they will be required to take into consideration liability issues that are associated with their business (Miller, Cross, & Jentz, 2013). The graduates will also be required to acquire a business license and a tax registration before beginning their operation. When selecting the location...

Words: 357 - Pages: 2

Premium Essay

Business Laws

...Business Entities, Laws, and Regulations Trudy E. Hartis BUS/415 November 20, 2011 Mark Rorem Business Entities, Laws, and Regulations A business assumes limitations and liabilities when building the structure of the organization. There are several types of business entities, hiring an accountant or attorney can help you decide what type of business structure best fits the need of the organization or business that you want to establish. Sole proprietorship, is a form of business with the least amount of legal formalities and the owner assumes sole responsibility for finances and operations of the business. “C” Corporation, are separate entity from its owners. Providing shareholders protection from liability and debts. “S” Corporation, similar to a corporation and is exempt from federal income tax. General Partnership, require an agreement between two or more individuals or entities to own and operate a business. Limited Partnership, form of business that offers some of the partner’s limited liability. Limited partners contribute capital and have limited liability but assume not active role in the daily business affairs. Limited Liability Partnership, LLP’s is organized to protect individual partners form personal liability for the negligent acts of others partners or employees not under their direct control. Limited Liability Company, LLC is a combination of the corporate and partnership forms of business (Types of Business Entities, 2004)...

Words: 1121 - Pages: 5

Premium Essay

Business Law

...ORGANIZATIONAL FORMS Yvette Crespo 310.1.2 The following is an explanation of six types of business models. I will explain the advantages and disadvantages, liability, incomes taxes, longevity, control, profit retention. Location and or convenience and burdens. In conclusion, the reader should have a clear understanding and overview of the six types of business forms. SOLE PROPRIETORSHIP The overall benefits of a sole proprietorship are the flexibility and inexpensive way you can organize and control the company. The owner can create their own policy and procedures as long as they are with the parameters of the law. They receive all income generated by their business and can reinvest as they see fit. Disadvantages There are a few disadvantages sole owners can experience such as raising funds, use their own personal savings and acquiring debt through business loans. Obtaining and retaining high performing talent can be challenging due to sustainability of employment and medical benefits. Income Taxes When filing income taxes as a sole proprietor you must use a Schedule C form along with Schedule SE and Form 1040. Taxes are paid on all profits of the business. Any money left in the account at the end of the year has to be reported and taxes must be paid the balance. Recording keeping is crucial as a sole proprietor. You can deduct expenses such as operating costs, travel, equipment and start-up costs. (Nolo, 2011). Self-employment taxes must be paid into...

Words: 1696 - Pages: 7

Free Essay

Business Law

...Case 1 1. An agent is a person (which can include an entity, like a corporation, partnership, or LLC) who acts on behalf of and subject to the control of another by authority from him. The category of agent can affect their liability to any claims and the two main categories of agent: General agent: a general agent is an agent authorized by the principal to conduct a series of transactions involving continuity of service, like a manager of a business. A general agent does not require fresh authorization for each transaction. Special agent: a special agent is an agent who is authorized to conduct a single transaction or a series of transactions not involving continuity of service. In other words, an agent who is given specific authority and specific instructions for a specific purpose is called special agent. Jane’s contract, which gives her authority to act on their behalf for the purchase of all ladies fashion ranges fulfills three elements-consent, control and on behalf of-of an agency relationship indicating that the case satisfies the definition of agency relationship between the Jane and her employer. Jane is supposed to be regarded as a special agent since the contract specifically mentions the range of her authority which is all ladies fashion ranges. We should pay attention that, as generally, the principal will not be liable for third parties who deal with special agents in areas outwith their specific instructions. 2. Before an agency can be formed...

Words: 1553 - Pages: 7

Premium Essay

Business Law

...Business Entities Lisa Ramos BUS311: Business Law I Instructor:  July 28, 2014 Business Entities I. Introduction “Business owners are wise to consider the fundamental issue of organizational formbefore they become too deeply immersed in business operations.” (Rogers, 2012) When it comes the laws of business there are is a large range of categories and topics which include the type of entity to become and how it affects contracts, liabilities and tax information. We must be aware that there is more than just one type of entity and determining what type of business to become can have some legal implications and therefore must be reviewed thoroughly. II. Types of Entities A. Sole Proprietorships 1. Types of Businesses 2. Potential liabilities 3. Contract responsibilities 4. Employment opportunities B. Partnerships 1. Types of Businesses 2. Potential liabilities 3. Contract responsibilities 4. Employment opportunities C. Corporations 1. Types of Businesses 2. Potential liabilities 3. Contract responsibilities 4. Employment opportunities D. S Corporations 1. Types of Businesses 2. Potential liabilities 3. Contract responsibilities 4. Employment opportunities E. Limited Liability Company (LLC) 1. Types of Businesses 2. Potential liabilities 3. Contract responsibilities 4. Employment opportunities III. How are contracts enforceable? A. Five...

Words: 410 - Pages: 2