Reference no: EM133635855
Discussion Post: Hospitality Law
Prompt I
Question A. Describe three defining characteristics for each of the six types of organizational structures described. What are the major factors that should be considered when legally forming a new business entity?
Question B. Explain the concept of fiduciary responsibility and ethics as they relate to the general manager of a hospitality, recreation or tourism operation.
Prompt II
Question A. Discuss the major components required for a contract to be enforceable and legally valid. Give hospitality or recreation examples of "capacity" and "legality" coming into question.
Prompt III
Question A. Discuss in detail at least five essential contract clauses that protect a hotel when contracting to provide space and food products for a large wedding party. Draw information in your own words to support your statements.
Question B. Describe the Franchise Rule and the six different requirements imposed by the Franchise Rule. Draw information in your own words to support your statements.
Question C. Explain the various arrangements discussed under which management companies operate businesses. As a hospitality or recreation professional, why is it important to understand how management companies are structured and managed? Use information in your own words to support your statements.