Explain the potential personal liability to acme fireworks

Assignment Help HR Management
Reference no: EM131252620

You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display fireworks, and large aerial display fireworks. The company started in the owner's garage two years ago and now has 15 employees that you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and a price per display was agreed upon. It was discussed that most of the cost for a fireworks display is for skilled labor, insurance, and the actual service of setting off the fireworks. No other details were discussed. The owner is anticipating that new employees will need to be hired, but he is worried that if the large orders for fireworks displays do not continue, the company will not have the funds to pay the new employees. The owner is now considering changing the business entity, but he does not know what entity to form or how to form it.

The owner has asked you to do the following:

Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC), and explain why.

Analyze whether the owner formed a contract with the businesses, and apply the five essential elements of an enforceable contract.

Explain the potential personal liability to Acme Fireworks if a spectator is injured by a stray firework from a fireworks display.

Discuss the different employment types and relationships relevant to agency law, and analyze the advantages and disadvantages of each type specific to Acme Fireworks.

Explain why Acme Fireworks should not operate as a sole proprietorship. Recommend a new business entity, and provide rationale to support your recommendation.

For each task, be sure to analyze the relevant law, apply the facts to the law, and make a conclusion.

The paper

Must be 8 to 10 double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in theAshford Writing Center.

Must include a separate title page with the following:

Title of paper
Student's name
Course name and number
Instructor's name
Date submitted

Must begin with an introductory paragraph that has a succinct thesis statement.

Must address the topic of the paper with critical thought. That is, describe what your response is to the content, either positive or negative, and defend your position. If multiple options, alternatives, and/or positions are present and are being rejected, you must also defend the reasons for rejecting an option.

Must end with a conclusion that reaffirms your thesis.

Must include at least five scholarly sources, two of which must be from the Ashford University Library, in addition to the course text.

Must document all sources in APA style as outlined in the Ashford Writing Center.

Must include a separate references page that is formatted according to APA style.

Reference no: EM131252620

What is strategy

"What is strategy?" The basic strategic approaches - cost cutter and innovator - and how internal alignment discussed in chapter 3 can be used to support either strategy.

Discuss about the post given below

Explain how the evidence that your peers have presented either shows strong support for their conclusions or weak support for their conclusions. Be sure to present counter-e

Persuasive requests and sales messages

Analyze persuasive requests and sales messages. What traits do persuasive requests and sales messages share in common and how do they differ? Defend your analysis with suppo

Will you train your employees online or face to face

Will you train your employees online or face to face? How does this choice fit with your chosen business and chosen goal? What are two areas that training for new employees sh

How many people should the company be able to put on hold

A small mail order firm Seas Beginnings has one phone line. An average of 60 people per hour call in orders, and it takes an average of 1 minute to handle a call. Time between

How quality improvement was incorporated at each site

You volunteer with a nonprofit organization that works to connect low income populations with health care resources. The volunteer coordinator expressed an interest in deter

What could you do to work collaboratively

How are human services professionals similar to and different from other professionals who work in the same agency? How are they similar to and different from non-profession

Domino case study

1. Read the Domino's Case Study in Case Study section of the text. 2. Write a summary of the case study. Be sure to discuss reasons why Domino's would use an acquisition str

Reviews

Write a Review

 
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