Business Form ans Governance
A MINIMUM OF THREE SCHOLARLY REFERENCES MUST BE IN THE PAPER- ONE OF THEN HAS TO BE THE ONE I
ATTACHED. NO EXCEPTION. THE OTHER TWO BY THE WRITER I MUST BE ABLE TO VERIFIED AND HAVE.***
Purpose of Assignment
The legal form an entity or individual takes is a decision that must be considered from a risk and liability perspective. not simply
one of ease of formation or cost. Form can impact the entities ability to grow and. in some circumstances. its ability to survive- As
you consider this reality and approach this assignment. consider not only the form the business takes but also the way it will be
governed. Remember the law requires business leaders conduct their business ethically and within the boundaries of the law.
Resources: Legal Environment of Business: Online Commerce. Business Ethics. and Global Issues: Ch. 14. 15. 16 and 17: Week
2 Electronic Reserve Readings: Legal Source database located in the Week 2 Electronic Reserve Readings
Scenario: You are sole proprietor presenting to a group of investors where you are seeking 20 million dollars to raise capital for
your manufacturing company.
write an 800 word for your potential investors including both parts:
Why is a General Partnership best suited for your manufacturing company and explain why:
Outline for the investors why would S Corporation be the least suited and why?
Address the following for the investors regarding the corporate form of organization
Summarize for investors what legal liabilities could arise for the Director or officer of that board?
Explain how you could minimize those liabilities for the Director or officer of that board?