• If a smallcompany (fireworks company) that started as a sole proprietorship, and the owner has never changed the entity started to hire more employees for business will the contracts with the businesses be governed by common law or the Uniform Commercial Code (UCC), and why. or why not?
• Analyze whether the owner formed a contract with the businesses, and apply the five essential elements of an enforceable contract.
• Explain the potential personal liability to this business if a spectator is injured by a stray firework from a fireworks display.
• Discuss the different employment types and relationships relevant to agency law, and analyze the advantages and disadvantages of each type specific to Acme Fireworks.
• Why Acme Fireworks should not operate as a sole proprietorship. Recommend a new business entity, and provide rationale to support your recommendation.