Business Law I
Title: Business Law I
Assignment Instructions: I need help with a final paper; below are the instructions. I also added a file with 4 pages already done by one of your professionals in a previous assignment; all I need is 4 or 5 pages added to it (do not include the outline that is included in the file with the 4 pages).
Prior to beginning work on this assignment, review Chapters 1 through 7 and 11 through 14 of the textbook.
Textbook- Rogers, S., & Seaquist, G. (2023). Essentials of business law (2nd ed.). The University of Arizona Global Campus.
For your Final Paper, assume the following scenario: You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, and produces fireworks displays with ground display fireworks and large aerial display fireworks. The company started in the owner’s garage 2 years ago and now has 15 employees who you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and a price per display was agreed upon. It was discussed that most of the cost for a fireworks display is for skilled labor, insurance, and the actual service of setting off the fireworks. No other details were discussed. The owner is anticipating that new employees will need to be hired, but he is worried that if the large orders for fireworks displays do not continue, the company will not have the funds to pay the new employees. The owner is now considering changing the business entity, but he does not know what entity to form or how to form it.
In your paper, the owner has asked you to do the following:
-Analyze if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC).
-Explain why.
-Analyze whether the owner formed a contract with the businesses.
-Apply the five essential elements of an enforceable contract.
-Explain the potential personal liability to Acme Fireworks if a spectator is injured by a stray firework from a fireworks display.
-Discuss the different employment types and relationships relevant to agency law.
-Analyze the advantages and disadvantages of each type specific to Acme Fireworks.
-Explain why Acme Fireworks should not operate as a sole proprietorship.
-Recommend a new business entity.
-Provide rationale to support your recommendation.
For each task, be sure to analyze the relevant law, apply the facts to the law, and make a conclusion.
The Final Paper
-Must be eight to 10 double-spaced pages in length (not including title and references pages) and formatted according to APA Style.
-Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
-Must use at least five credible and/or scholarly sources in addition to the course text.
Paper Format: APA
Answer preview to Business Law I
APA
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