Define pros and cons main types of business organizations

Assignment Help Business Law and Ethics
Reference no: EM131128862

Your Supervising Attorney P. Strami and his associate Hammond have been called out-of-state to consult on a high profile case. Mr. Strami has recently hired attorney Mable Bacon, as she has a great legal background in Business Law. P. Strami has briefly scribbled the following information on a sheet of legal paper and indicated that you, as lead paralegal, could help Mable research information to present to the Cardigans upon P. Strami's return to the office.

Dear Mable and Paralegal:

The Caridgans want to expand their business ventures. Cora and Caley have discussed the idea of operating a home décor store with the Cardigan family logo on the goods. The idea behind this type of business is to advertise goods that will make consumers feel that their homes represent a Cardigan lifestyle. The Cardigans cannot decide what to name their new business, as it is so different from their usual business variations of clothing and sweaters. Some of the names they have come up with include Homigans Fine Home Furnishings and Cardihome Furnishings.

Mable Bacon has come to you as the office's lead paralegal and asked for you to research the best type of business that would meet the needs of the Cardigans.

Using the facts P. Strami provided above, Ms. Bacon would like for you to prepare a 2-3-page double-spaced memorandum to Attorney Strami and her in size 12 Times New Roman font discussing the following in the order presented:

Discuss the pros and cons of three main types of business organizations (sole proprietorship, partnerships, and corporations) and determine which would be the best type for the Cardigans.

Research the names that the Cardigans have suggested and determine whether or not these would be wise choices for their proposed business. Indicate what issues may be present if they use either of these names.

Using your state's laws and depending on the type of business you have recommended for the Cardigans, determine what types of filing requirements Cora and Caley will need to fulfill.

Checklist before Submitting Your Assignment:

Read the question and what is being asked of you twice.

Structure your Assignment in Memorandum Form.

Prepare an APA formatted cover sheet with your memorandum. Do not forget to indicate which unit the Assignment is for.

Organize your memorandum with an introduction, body, and conclusion. Note: Your memorandum length of 2-3 pages is separate from your cover sheet and reference page.

Be sure to avoid the use of first person. Instead, convey your research utilizing third person.

Keep all font color consistent throughout. If you copy and paste a link and it is in blue, hover your mouse over the link, right click, and select "REMOVE HYPERLINK" to keep the font color black like the rest of your submission.

Use size 12 Times New Roman font.

Utilize in-text citations. If a reference is listed in your reference page, it must be included within the body of your submission as well.

Prepare an APA formatted reference page.

Reference no: EM131128862

Questions Cloud

Explain functions associated and how different models : Select one of their four major ERP products (AX, GP, NAV, SL, or CRM), and write a detailed report about the MS Dynamics ERP you have selected and its associated models. Explain the functions associated and how the different models integrate with eac..
Bank credit card account statement : Maria Hernandez was reviewing her recent bank credit card account statement when she found two charges that she and Victor could not have made. The charges were for rental of a hotel room and purchase of a meal on the same day in a distant city. T..
What would happen to the blood glucose level : What would happen to the blood glucose level if diabetic gave herself an injection but did not eat or accidentally too much insulin and Our eyes have two types of imaging sensors, cones and rods. Cones detect color and rods detect value
Write the electron configuration for br : List the "tricks" you learned today about ionic bonds. - Write the electron configuration for Br.- Write the electron configuration for Na.
Define pros and cons main types of business organizations : Discuss the pros and cons of three main types of business organizations (sole proprietorship, partnerships, and corporations) and determine which would be the best type for the Cardigans.
Prepare and interpret a complete ratio analysis : Cross-sectional ratio analysis Use the following financial statements for Fox Manufacturing Company for the year ended December 31, 2003, along with the industry average ratios also given in what follows, to:
Writing a fascinating thesis statement : Prepare an essay about the topic "Writing a Fascinating Thesis Statement"
Starting solution for the transportation simplex method : Tom would like exactly 3 pints of home brew today and at least an additional 4 pints of home brew tomorrow. Dick is willing to sell a maximum of 5 pints total at a price of $2.40/pint today and $2.16/pint tomorrow. Formulate the linear programming mo..
Compute horizontal and vertical analysis of income statement : Complete the Horizontal and vertical analysis of the income statements for the past three years (all yearly balances set as a percentage of total revenues for that year).

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  The defendant who was charged with a robbery and murder

the defendant who was charged with a robbery and murder was placed in a jail cell with a police informant. the

  Business forms- sole proprietorship and partnership

There are seven forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company (including the single member LLC), S Corporation, Franchise, and Corporation

  Explain reason sections of the corporations act

Register a Proprietary Limited Company. You should refer to Section 117 of the Corporations Act, complete an application form and prepare all relevant consents.

  Its relationship with robco deteriorated

Robco, Inc. was a Florida arms dealer. The armed forces of Honduras contracted to purchase weapons from Robco over a six-year period. After the government was replaced and a democracy installed the Honduran government sought to reduce the size of its..

  Property deeds with conditions

Mary deeded a one-acre parcel of land with a three bedroom house built on the premises to Church. The deed contained language which stated "I, Mary, deed my land referred to as Blackacre to Church to have and to hold so long as Church uses the lan..

  Discuss your thoughts on the article and its implication

Find an article online (2010 or newer) regarding leadership styles and the impact on corrections. Discuss your thoughts on the article and its implication to the field of Criminal Justice

  Do you agree with the us supreme court

Although most states have retained their transfer laws, the rate of transfers to adult court has remained stable. Why do you think this is the case? Do you agree with the U.S. Supreme Court in regards to the Roper v. Simmons and Miller v. Alabama c..

  Was it ethical for normandale to sell the alleged knock-off

mathis inc. is a designer and manufacturer of womens clothing and specializes in high-end womens winter fashions.

  May the fda lawfully publish such an announcement

If the FDA does publish the announcement, may it then lawfully impose sanctions upon Yolo if Yolo continues to sell the Endo? Under what circumstances?

  Analyze the ways in which managers could use the federal

analyze the ways in which managers could use the federal register to determine the single most significant challenge

  What was the effective strategy used in boston

What was the effective strategy used in Boston in 1996 to address gang violence

  Compare and contrast the rights and obligations of racer

Racer contracted in writing to drive Owner's one-of-a-kind, specially designed championship race car in the Miami 500 Race on July 15 for a fee of $2500. Compare and contrast the rights and obligations of Racer and Owner under the contract as of J..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd