Legal Forms of Business Choosing a form of business for a product or type of service depends on the liability an individual is willing to assume‚ how much involvement an individual wants in the day-to-day work‚ and how much control an individual wants over the business. Prior to making a choice‚ an individual must understand each form of business as well as the risks and rewards for each. There are numerous forms of business‚ including sole Proprietorship‚ Partnership‚ Limited Liability Partnership
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plastic parts (Virtual Organization‚ 2009). This compliance plan will state the company’s legal responsibilities and regulations necessary to continue earning a profit. The plan will address the laws affecting the plastic industry and guidelines to ensure management and employees understand and obey the laws. The focus of the compliance plan will be on managing the legal liabilities of Riordan officers and directors. Riordan Manufacturing was started and founded by Dr. Riordan‚ a professor of chemistry
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Recognizing Contract Risk and Opportunities Alen Edilersky LAW/531 – Business Law Professor Rickard D’Ambrosio February 02‚ 2009 The contract is the special document demanding careful development‚ acceptance and the control over observance of its conditions. As a rule‚ contracts consist when planned mutual relations of participants have long-term character. This long term can concern both to the process of interaction‚ and to those consequences for participants who can come as a result
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happened - or is it a question of law - i.e. the court is unsure which rule to apply to these facts? What are the non-issues? Identify the rule The legal issue would not exist unless some event occurred. The issue mechanically determines what rule is applied. Step 2: The issue is governed by a Rule of law. First‚ solve the IRAC Triad What are the elements that prove the rule? What are the exceptions to the rule? From what authority does it come? Common law‚ statute ‚ new rule? What’s the
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Employment law compliance plan Lori Ficklin HRM/531 June 3‚ 2014 Michelle White Memorandum Date: June 3‚ 2014 To: Traci Goldeman From: Lori Ficklin Subject: Bollman Hotels’ Employment law compliance plan for India Dear Ms. Goldeman‚ Thank you for the opportunity to provide the essential details of employment law compliance for Bollman Hotels ’ global expansion into India. Currently‚ Bollman Hotels‚ an organization with 25‚000 employees‚ operates in Minneapolis‚ Minnesota. The transition to a
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Determining Your Perfect Position NAME LDR 531 June 8‚ 2012 Dr. NAME Team B‚ Week 4 Reflections An imaginary B2B company‚ COVERED HR Solutions‚ is expanding and restructuring. As a manager‚ I have the opportunity to determine the position that best suits me‚ defining my role so that I will most benefit the company and be most successful. Below describes my leadership style model. Identification of strengths and weaknesses of my leadership style is uncovered by applying what I learned about
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Alternative Dispute Resolution Clause for Learning Team Charter LAW 531 Alternative Dispute Resolution Clause for Learning Team Charter This paper will discuss an alternative dispute resolution (ADR) clause that might be used by a Learning Team to resolve a disagreement among members. This paper will identify all provisions and information necessary to enable the ADR to occur and function effectively. The dispute that the ADR clause that might be used by a Learning Team will be when a member
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Alternative Dispute Resolution Assignment Ludin E. Bello University of Phoenix Business Law Law 531 Julie A. Gibbons February 09‚ 2009 Alternative Dispute Resolution Assignment Alternative Dispute Resolution (ADR) clauses are established to resolve differences between two parties. ADR clauses can be formal‚ such as a written process‚ or informal‚ such as a verbal agreement between both parties. The purpose of this paper is to provide an appropriate ADR clause that can be use by any learning
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Unit 5 Practice Test 1. All contracts involving interests in land must be in writing to be enforceable –T 2. A contract that by its own terms cannot be performed within a year must be in writing to be enforceable -T 3. All promises must be in writing to be enforceable -F 4. There are no exceptions to the Statute of Frauds -F 5. The rights under a contract for personal service normally can be assigned - F 6. A contract that contains a clause prohibiting its assignment will usually prevent it from
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1. What makes a publicly held corporation different from a public corporation? a. 0 A publicly held corporation has had an IPO‚ and has many private shareholders rather than being a corporation owned by a governmental entity. b. 0 A publicly held corporation is entitled to limited liability‚ but the public corporation is not. c. 0 A publicly held corporation must have a charitable purpose‚ but a public corporation need not have a charitable purpose d. 0 They are two terms that have the same meaning
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