This assignment talks about creating a business company by providing all its information and answering all questions based on the Business American law

General Description of business

Tanit Restaurant tends to serve Mediterranean food which comes from all of the countries and regions that surround the Mediterranean Sea. Mediterranean food is full of fresh vegetables, tender meats, and a wide range of tastes. Additionally, the business will offer a wide variety of alcoholic beverages, which Management expects will generate a significant portion of the Company's revenues and profits.

Business Formation

1. Who runs our business?
2. How does our business handle profits?
3. Describe how our business will be taxed.
4. How will we minimize the liability of our business?
5. Who will be liable for any legal claims made against our business?
6. Is our business private or public? Explain. If private, do we have plans to go public? Why or why not?

Labor and Employment

1. Describe our employee organizational structure. How many employees do we have?
2. Describe at least 3 of our employees' duties and responsibilities.
3. What salary do we pay to each of the 3 employees we've described? Describe the benefits we provide to these 3 employees. How did we decide on this total compensation (salary + benefits)?
4. How much do we pay ourselves, if any? If we have partners, how much do they get paid?
5. Describe the labor and employment laws we need to be aware of as an employer.
6. Some of our employees belong to a union. Describe the rights they have as union members.
7. Describe how we would ensure that we are compliant with all relevant labor and employment laws.

Real Property

1. Where is our business headquartered? Why did we choose that location? Does our business have other locations? If so, where?
2. Does our business own or rent a real property? How did we decide whether to purchase or rent a real property?
3. How does our business use its real property?
4. Unfortunately, one of our customers has a slip-and-fall at one of our locations. Apparently, a broken sprinkler caused the walkway to one of our buildings to become extremely wet and slippery. The customer sues us for negligence. How do we handle the lawsuit? Explain.

Intellectual Property

1. Describe at least 1 invention that we have created to use in our business.
2. Describe how we have protected our invention.
3. Describe at least 1 copyright that we have created to use in our business.
4. Describe how we have protected our copyright.
5. Describe at least 1 trademark that we have created to use in our business.
6. Describe how we have protected our trademark.
7. Why is it important that we protect our intellectual property?
8. You find out that one of our fiercest competitors is using a similar trademark to us! What do we do? Explain.

Agency, Contracts, Court System, Dispute Resolution

1. we have asked one of our employees to negotiate an important business contract with another party. This other party can be a supplier, distributor, customer, etc. - we decide. Describe the relationship we have with this other party. Describe the purpose of the contract.
2. Unfortunately, shortly after executing the contract, our relationship with the other party goes south. we believe they have breached our contract with them. we decide to sue the other party for breach of contract. In which court do we sue the other party? In which venue? Why did we choose this court and venue?
3. The other party refuses to settle, so we get ready to go to trial. During the discovery process, we discover that our employee did not work satisfactory job when negotiating the contract. In fact, it appears our employee failed to mention an important fact to the other party during the negotiation process and our employee was, at the very least, negligent. What do we do? Why?
4. Unfortunately, the other party is also going through the discovery process and they also determine that our employee failed to mention an important fact during the negotiation process. They countersue our business for fraud. What do we do? Why?
5. we tell a friend of our business' legal woes. our friend says our employee is really the one who is at fault and they should be personally responsible for the ensuing legal fees. Do we agree? Why or why not?

Business Ethics

1. Describe a business decision we might make that would please one of our constituents, but anger one or more of our other constituents.
2. How would we justify this decision to our angry constituent(s)?
3. What are the effects of this decision on our business?

International Law

1. Describe how our business could have a presence internationally.
2. Describe the laws or regulations that would impact our international activities.
3. If our business had an international location, describe some of the laws that would apply to our employees who are US nationals who are located overseas.