Pros and cons of main types of business organizations

Assignment Help Business Law and Ethics
Reference no: EM13862586

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.

Verified Expert

Reference no: EM13862586

Research the behaviors that constitute psychopathy

Research the behaviors that constitute psychopathy. Discuss in detail the specific behaviors demonstrated by the offender that align with behaviors indicative of a psychopat

Briefly discuss the law that allows for right-to-work states

Briefly discuss the law that allows for right-to-work states to exist and why it was implemented. What does this mean for employees, and how does this differ from the union si

Distribution of law enforcement personnel and resources

In law enforcement crime data is used for many different purposes: distribution of law enforcement personnel and resources, funding of initiatives, and on a personal level,

A week after debbie stopped taking her medication

A week after Debbie stopped taking her medication, she approached a neighbor, Mark, as he walked along the sidewalk fronting Jennifer's home. When she was face to face with Ma

Which transitional program would be most effective

Evaluate each and discuss the advantages and disadvantages. Specifically discuss how the risk principle applies and can reduce or increase recidivism. What tool out of the two

Concepts of intelligence versus information

Define (that is, "operationalize") the concepts of intelligence versus information. Do differences in these terms matter? How might either be easier-or more difficult-to share

Describe purpose of the absconder apprehension initiative

Describe the purpose of the Absconder Apprehension Initiative. In a 2-3 page essay and using APA style formatting, Is this type of initiative appropriate in today's fight ag

The maximum liability of the alarm company

14. Protection Alarm Co. made a contract to provide burglar alarm security for Fretwell's home. The contract stated that the maximum liability of the alarm company was the act


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