Explore BrainMass

Business Law

Business Law: Legal form for Bob and Jane's new business

Bob and Jane are husband and wife. Bob enjoys woodworking as a hobby and he has made several windmills and other pieces for decorating his yard. Jane is an excellent seamstress and enjoys making crafts, holiday decorations, and household decorations. They are both tired of working for someone else and want to start their own

Business Law: Sue and Tom, purchase of property for partnership

Sue and Tom are business partners. They have a partnership in which they purchase and renovate homes and apartment buildings. They have worked together as partners for five years and currently own seven properties. A few months ago they talked about purchasing another property. Sue was in favor of the purchase and Tom was not su

Legal Risks and Opportunity in Employment

Assignment: Legal Risk and Opportunity in Employment The following three Legal Encounters involve NewCorp, your employer. You are required to provide a brief answer to the questions asked at the end of each encounter. Your boss expects a substantive answer, not simply a recommendation to refer matters to an attorney. The

Franchise Agreement vs Own Business: Liz wants to own an organic store.

Liz Strong thought she'd been a librarian long enough, and when the opportunity to open a small organic convenient store in the newly renovated downtown business district arose, she was ready to act. Foods of Reality is a franchisor of organic food shops, and was founded five years ago by a noted certified nutrient specialist in

Teresa's discrimination as manager of an equipment rental company

Facts: Teresa worked as a manager at an equipment rental company, from April 1985 until October 1987. Charles was president. Throughout Teresa's time at the company, Charles often insulted her because of her gender and made her the target of unwanted sexual innuendoes. Charles told Teresa on several occasions, in the presence of

25 MCQ Business Law

1. Betty and Aaron plan to form a small business, the purpose of which will be to market various computer games. If Betty is concerned with personal liability, should something go wrong in the business, she should convince Aaron to form the business as a: A._____ Sole proprietorship B._____ Partnership C._____ Corporation

Business Entity legal forms: advantages and disadvantages of four types

There are several types of legal forms for Business Entities. Discuss four types of business entities. In your discussion please include a response to the following bullet points for each type of business entity you selected. 2 Advantages of this type 2 Disadvantages of this type Finally select your current or a pre

Doctrine of Employment at Will

There has been a plethora of federal law dealing with employment. These laws are intended to provide protection for the employees and guidance for companies. How would you define each of the below listed employment statutes: Why are the below laws important to employees? when do these laws apply? What real world examples can yo

Carrity v. John Hancock Mutual Life Insurance Company

Carrity v. John Hancock Mutual Life Insurance Company. Once you have reviewed the case, answer the following: A) Do you agree with the court's decision? B) Is termination for violating an email policy too harsh? C) Does the employer have the right to explain the reason for an employee's discharge to his or her coworkers?

Employment Law: Right to Privacy

What types of action have been taken by employers to combat employee theft and do any of these security actions infringe on an employee's right to privacy? Explain and support your answer.

Richard, Chester and Bernice: the lottery ticket winning

Legal Application Case Study Richard was friends with Chester and Bernice. All three were residents of Indiana. Bernice, who was employed in an Illinois tavern where Illinois state lottery tickets were sold, had previously obtained lottery tickets for Richard because Indiana did not have a state lottery. In early April 1984,

Business Entity formation and filing requirements

I need to prepare a description of business entity regulations in the state of Illinois as they pertain to the healthcare system. In the paper I need to: Identify the business formation code(s) in Illinois. Identify the address of Illinois corporation commission. Describe the process for obtaining an "annual filing

Matimak Trading Co v Khalily & D.A.Y. Kids Sportswear

In each unit, you will prepare a case brief. Read the web page "How To Brief A Case" ( to learn how to write a case brief. Follow these guidelines when preparing your case briefs. Read Case 1-4 Matimak Trading Co. v. Khalily and D.A.Y. Kids Sportswear Inc. on pages 12-16 in the August text


1. What are the characteristics of a legally enforceable contract? 2. What types of contracts are you involved with personally and professionally? 3. What is the difference between bilateral and unilateral contracts? 4. What role do contracts play in the U.S. economic system? 5. What is the diffe


What are the four elements of a contract? and why are they important to a valid contract? 2. When must a contract be in writing? Is this more important in some contracts than others? why or why not? 3. What is legal capacity? Do you have legal capacity to enter into contracts? Why or Why not? 4. What i

1934 Securities and Exchange Act

Robert was the president of JKL, Inc. JKL intended to purchase Target Co. JKL's intent was not public information, and when it became public, Target's stock would increase significantly in value. Robert individually bought 1,000 shares of Target Co. Ten months later, when the merger was publicly announced, Robert sold Target's s

Treaty and Convention

Under International law, what is the difference between a treaty and a convention? a. conventions usually have only a few signatory nations whereas treaties usually have many b. the two terms have the same meaning, thus there is no difference between them. c. a treaty is an agreement nogotiated directly be the signatory

Description of Business Organizations

How would you define each of the five business organizations? How would you analyze the tax implications of each organization? How would you analyze the liability implications of each organization? Can you theorize what businesses would be best suited to each type of organization?

Foreign Country: research and summarize the doctrine of sovereign immunity

Your firm has been asked by a domestic client to determine whether the client should sue a foreign country, but before taking on such a costly pursuit, the client wants to collect more information. You have been tasked with researching the doctrine of sovereign immunity. Prepare a summary of the doctrine and whether you feel

Escrow Bonds in Law Firms

Please help with the following business law-related posting. Can someone help me understand escrow bond addition? For example, if I see an invoice from Aon Risk services posted to prepaid legal account, what is that for? Please provide at least 300 words.

Memo: Discussing Fixed, Variable and Mixed Costs

Can you help me with this task? I am not too sure where to begin? Details: You have been studying 'fixed' costs. You learned that a number of 'fixed' costs are actually mixed costs (variable and fixed). Write a two paragraph memo to your manager explaining some of the cost estimation techniques that can help determine the fi

Forecasting Techniques: Forecasting acts as an aid to decision-making. Agree?

Understanding Forecasting Techniques Introduction: All firms conduct their activities in an uncertain environment and use forecasting techniques to reduce this uncertainty. The challenge facing a forecaster is choosing the right technique. However, forecasting is not a substitute for managerial decision-making; it simply acts