Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Presentation: This is a small group project. Your group will choose an original sample business ( develop your own idea! ) and create a short
Presentation:
This is a small group project. Your group will choose an original sample business develop your own idea! and create a short presentation approximately minutes in length outlining potential legal issues and liabilities you may face in forming your business. You will be choosing to structure your business as a corporation.
In your presentation, please explain why you have chosen the corporate structure, and any difficulties that may arise because of the structure do you have to think about share structures, funding possibilities, protecting your assets and investments? Be sure to discuss any potential liabilities that you and your business may face what are the biggest legal risks and how will you account for them? Your presentation will necessarily touch upon other topics in our class, including but not necessarily limited to torts, contracts, insurance, debtorcreditor and employment law. When possible, reference any legislation that will guide your business, and identify any particular legal issues that you need to keep in mind for example, vicarious liability, fiduciary duties, agency law Remember that everyones projects will be different and will have different legal issues.
You can look to TopHat text Chapter for input on how to develop risk management plans regarding various legal areas.
Please make sure you show some critical analysis when discussing the potential legal issues; I am interested in seeing the potential legal pitfalls of your business, and how you proceed with them in mind.
How you create your presentation is up to you. You could create a short video or podcast, a voiced over Power Point presentation, an animated video, or any other format that you can think of that will help you explain your point. Feel free to be creative! Upload your presentation to the discussion thread on our Brightspace page.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started