Project Homework: Research Memorandum
SUBJECT: Appropriate form of business and instructor contracts for Career Institute of America, Inc. (CIA)
Summary of Applicable Facts:
Career Institute of America, Inc. (CIA) was formed as a Delaware non-profit corporation one year ago. CIA provides both online and classroom training,a nd specializes in training students in the United States automobile industry. Last year, CIA received an one time grant from the U.S. Department of Labor retraining grant which is only available to non-profit organizations. Other than this grant, CIA earns revenue mainly from its online training courses. The courses are taught by instructors hired as independent contractors. The contract between CIA and instructors looks as if it was designed by an amateur. These contracts may not comply with the legal requirements for a valid independent contractor agreement. The current CEO is also the majority owner and controls the company's business.
Issues:
There are two main issues:
1. What is the most appropriate form of business for CIA?
2. How can CIA's instructor contracts properly reflect the status of its instructors?
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, 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 homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.