BUS670 Legal Environment Week 1 Assignment Legal Underpinnings of Business Law

 

 

Legal Underpinnings of Business Law

 

Imagine that you own each of the following businesses:

Tinker’s Home Security Service (sole proprietorship)
Tinker & Tailor’s Home Security Service (general partnership)
Tinker & Tailor’s Home Security Service (LP)
Tinker & Tailor’s Home Security Service, Inc. (corporation)
Tinker & Tailor’s Home Security Service, LLC (LLC)

  • The businesses are being sued for breach of contract. Create a matrix that lists each business, and compare and contrast your personal liability exposure as an owner as a result of the lawsuit.
  • For each business entity, analyze how you might limit your liability exposure as an owner.
  • Describe a business that you may own some day or that you currently own. (Even if you never plan to own a business, pretend as if you will do so for the purposes of this assignment.) Examine the best business organizational form for the business that you have described, including in your examination personal liability exposure, management, taxation, and ease of formation.

Submit a four- to five-page paper (not including title and reference pages). Your paper must be formatted according to APA style as outlined in the approved APA style guide and you must cite at least three scholarly sources in addition to the textbook.

Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.

 

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    BUS670 Legal Environment Week 1 Assignment Legal Underpinnings of Business Law

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    • Legal Underpinnings of Business Law

      Imagine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)
      Tinker & Tailor’s Home Security Service (general …

    • Legal Underpinnings of Business Law

      Imagine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)
      Tinker & Tailor’s Home Security Service (general …

    • Rated 2 times

      Bus 670 wee 1-a

      magine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)
      Tinker & Tailor’s Home Security Service (general partnership)
      Tinker & Tailor’s Home …

    • Ashford 2: - Week 1 - Assignment



      Legal Underpinnings of Business Law

      Imagine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)
      Tinker & Tailor’s …

    • Legal Underpinnings of Business Law

      Imagine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)
      Tinker & Tailor’s Home Security Service (general …

    • Rated 2 times

      Ashliey Writer

      Imagine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)
      Tinker & Tailor’s Home Security Service (general partnership)
      Tinker & Tailor’s Home …

    • Legal Underpinnings of Business Law

      Imagine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)
      Tinker & Tailor’s Home Security Service …

    • Rated 2 times

      law

      Legal Underpinnings of Business Law

      Imagine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)
      Tinker & Tailor’s Home Security Service (general …

    • Imagine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)

      Tinker & Tailor’s Home Security Service (general partnership)

      Tinker & Tailor’s Home …

    • Legal Underpinnings of Business Law

      Imagine that you own each of the following businesses:

      Tinker’s Home Security Service (sole proprietorship)
      Tinker & Tailor’s Home Security Service (general …