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Business Law/Accounting

1. Formation of Agency

Matt was on a business trip, staying at a Motel 7. He fell on his way to free breakfast, alleging that his fall was caused by negligence in maintaining the premises. At that time, Motel 7 was under a license agreement with Super 9, Inc. The license allowed for Super 9 to take care of the style of architecture, the equipment, and the furnishings,

The contract did not grant Super 9 the power to control the day-to-day operations of Motel 7's motel, to fix customer rates, or to demand a share of the profits. Motel 7 could hire and fire its employees, determine wages and working conditions, supervise the employee work routine, and discipline its employees. In return, Motel 7 used the trade name "Super 9" and paid a fee for use of the license and Super 9's national advertising. Matt sued Super 9, claiming Motel 7 was its agent. Is Matt correct?

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Angela Peters practiced law with a partnership for 10 years. Recently she opened her own law office, which she operates as a proprietorship. The name of the new entity is Angela Peters, Attorney. Peters experienced the following events during the organizing phase of the new business and its first month of operation. Some of the events were personal and did not affect the law practice. Others were business transactions and should be accounted for by the business.

Mar 1 Sold personal investment in eBay stock, which she had owned for several years, receiving $31,000 cash.

2 Deposited the $31,000 cash from sales of the eBay stock in her personal bank account

3 Received $139,000 cash from former law partners

5 Deposited $89,000 cash in new business bank account titled Angela Peters, Attorney. The business gave capital to Peters.

7 Paid $400 cash for ink cartridges for the printers

9 Purchased computer for the law office, agreeing to pay the amount $9,300, within three months.

23 Finished court hearings on behalf of client and submitted a bill for legal services, $13,500, on account.

30 Paid utilities, $1,200

31 Peter withdrew cash of $2,000.

Analyze the effects of the preceding events on the accounting equation of the proprietorship of Angela Peters, Attorney.

At March 31, compute the business

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Please find and summarize an article related to ethics and Business Law II subject matter. Sample topics could be ethical issues related to employment law, ethical issues related to environmental law, ethical quandries of board members, ethics in accounting, ethical issues regarding consumer protection, the ethics of bankruptcy, etc).

Question 6 P Which of the following is NOT true about Gauss's Law and Coulomb's Law? O In all cases, Gauss's Law is simply a different mathematical way to express Coulomb's law, but using an integral instead of a force equation. O Gauss's Law can be used to easily calculate the electric field in cases where there is a lot of symmetry, even when such a calculation would be difficult with Coulomb's Law. O Because it applies in all cases, Gauss's Law is one of the fundamental laws of electricity and magnetism, whereas Coulomb's Law is not. O Both Gauss's Law and Coulomb's Law are mathematically equivalent in cases where charge does not move and electric fields are constant with time