Assignment- Case Law Analysis: Business Entities
Write a 2-page executive briefing of a selected federal or state court case pertaining to the topic of business entities.
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
• Competency 1: Articulate the importance, context, purpose, and relevance of law in a business environment.
o Summarize the facts and ruling of a legal case.
• Competency 4: Evaluate legal options for creating a business entity.
o Analyze how a legal case could impact businesses.
o Explain how a legal case could impact a specific organization.
• Competency 5: Develop information literacy skills as applied to business law.
o Exhibit information literacy skills as applied to business law.
Questions to consider
To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.
• What are the advantages and disadvantages of forming a limited liability company?
• Should a member of a limited liability company be liable for obligations that arise after the member has left the company?
• How can a corporation be properly punished if it commits a tort or a crime?
• Are the steps required to incorporate an organization too easy or too difficult?
• Should shareholders be held personally liable for the wrongdoing of the corporations in which they hold shares?
• Under what circumstances should members of the board of directors be held personally liable for the wrongdoing of the corporations they govern?
• Is it ever a good idea to do business without creating some form of a limited liability business organization?
• What are the factors to consider when deciding whether to buy into a franchise such as McDonalds?
• What are the differences between a partnership and a limited liability business organization? How might different corporate entities impact entrepreneurial interests in relation to the global economy?
• Are the protections afforded corporate officers warranted in today's business landscape? Given the litigation landscape of the modern United States, how could the protections that the courts provide to companies and partnerships be improved?
• Are there elements of the different business entities that should be strengthened, weakened, or eliminated altogether?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Attachment:- Context.rar