1. Why might a person working for a corporation prefer to be an employee instead of an independent contractor? 2. Why might a person working for a corporation prefer to be an independent contractor instead of an employee? 3. Should employers always be liable for their employees acts? Why or why not, and what limitations, if any, would you impose on that liability? 4. Is a franchise worth the cost and restrictions? Why would anyone want to pay for and abide by a franchise agreement? 5. Should we allow business to be conducted with limited liability entities? This arrangement obviously benefits investors, but does it harm society? If so, how? Many corporate scandals are caused by the separation of ownership from management. Investors own companies, but executives manage them. Investors are said to "vote with their feet", meaning that if an investor doesn't like what a company is doing, she sells her shares and takes her money elsewhere, rather than voting to change the conduct of the business. It is easier to pick up and move on than it is to get involved and organize change within a large company. The fact that publicly traded companies may be owned by hundreds of thousands of small investors with only a few shares of the company each means that most of those investors cannot practically participate in the management of the companies in which they invest. If limited liability was eliminated, investing in this manner would be extremely risky, as your personal assets would be at risk from the liabilities of each company you invested in. How might this change business ownership? What impact would this have on society? 6. Should we ever create "partnerships by estoppel"? Why or why not? 7. If the controlling majority of a corporation's stockholders vote to re-invest profits in a way that benefits employees or society, rather than disbursing that money to the shareholders, should that action be allowed? If the majority stockholders are not benefiting in an unfair manner by this decision, why should the minority have the ability to overturn the majority vote? 8. Should corporate income be double-taxed? Why or why not? 9. Should corporations enjoy the same freedom of speech rights that natural persons enjoy? Why or why not