Business law

about if you really want a business or not, what type of business you might want to go into and steps that would help you understand the business world and to start the business.  Create Your Business Plan- A business plan helps the owner’s succeeds in their business. It outlines the first 3-5 years of the businesses life. There are articles that help you create an outline for a business.  Choose Your Business Structure- This lists articles that tell you about each Business structure, so the owner

l Unit 21 – Aspects of Contract and Business Law Assignment Unit 21 Candidate Full Name: Date issued: Candidate Number: Date due for return: Teacher: Mr M Tissot Date submitted: Email: Learning Outcomes When you have finished this unit you should: 1 Be able to apply the requirements for a valid contract 2 Understand the impact of statutory consumer protection on the parties to a contract 3 Understand the meaning and effect of terms in a standard form contract 4 Be able to

Logan County, West Virginia is home to a small area called the Buffalo Creek Hallow. Numerous towns sprang up over years in this coal rich creek since the boom of the mining industry. The year 1970 saw the most prosperous year for coal, the increased demand attracted new mining companies to set up shop at Buffalo Creek however a flood during a cold winter morning in 1972 changed the lives of the residents forever. The coal mining history of Buffalo Creek can be traced back all the way to 1940s

1. A bill-and-hold transaction is when the seller bills the customers for a product and records it as revenue, but does not ship the product to the customer until a later date. FASB states that revenue can not be recognized until the product is shipped to the final customer. Kelly Electronics will be receiving the products by March 31, 2017, but the final customer, Victor Systems will not, so under FASB, revenue should not be recognized until the goods are shipped to Victor Systems. The SEC also

Alternative Dispute Solution Business Law I 311 Legal provisions in any territory ensure that citizens are protected from offense by others or that their properties are equally protected. Such offenses are at times inevitable leading to individuals and parties being in disputes. There are legally recognized institutions that have been instituted to examine constitutional violations of people’s rights and freedom, the source of such conflicts, and prescribed penalties for the violations under

In the space below, explain each of the following terms and provide an example. Forms of business ownership (5K marks) 1. Sole proprietorship • A business that is just owned by only one person, who receives all the profit for everything. Example of a sole proprietorship can be a hairdresser that buys a chair for their business and can get customers directly for them. 2. Partnership • When a business contains more than one owner it is a partnership as they share all responsibilities, profits

Business Entities Jessica Perez BUS 311 Business Law Instructor: Janet Fiorentino 12/1/2014 As the manager of Acme Fireworks, I need to gather information to help the owner determine whether or not he should continue to be a sole proprietorship or if he should switch to another business entity. I will help him do so by explaining each entity and how they relate to his business situation. I am the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display fireworks

Electronic Commerce Electronic Commerce Defined Salvatore (2013) defines electronic commerce or e-commerce stating, “E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet” (p. 150). These activities can take place in many environments between businesses and consumers. E-commerce has changed the way goods and services are exchanged and have given light to businesses and consumers

Law firm of Firm Law LLP Sole proprietorship, partnerships, and corporations are just a few different organization entities that people use when starting a new business. One can change from one business type into another using proper paperwork and by abiding state rules and regulations. There are various factors to consider when starting a business such as the nature of the business being started, the business type, investments or funding, and employees. First, we will examine what business type

Determining what type of business venture to either start or invest in can be challenging. Over the next several pages we will evaluate the various types of business organizations and at the end of this report; you should have an initial or better understanding of the different types of business forms. Sole Proprietorship: The word proprietorship can sound intimidating. It is important to remember that most things are simplified with knowledge. If your business is a sole proprietorship then