SlideShare a Scribd company logo
1 of 8
Business Forms and Governance Grading Guide
LAW/531 Version 12
3
Business Forms and Governance Grading Guide
LAW/531 Version 12
Business Law
Copyright
Copyright © 2017 by University of Phoenix. All rights reserved.
University of Phoenix® is a registered trademark of Apollo
Group, Inc. in the United States and/or other countries.
Microsoft®, Windows®, and Windows NT® are registered
trademarks of Microsoft Corporation in the United States and/or
other countries. All other company and product names are
trademarks or registered trademarks of their respective
companies. Use of these marks is not intended to imply
endorsement, sponsorship, or affiliation.
Edited in accordance with University of Phoenix® editorial
standards and practices.
Individual Assignment: Business Forms and GovernancePurpose
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 its 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 that it will be governed. Remember that the law
requires that business leaders conduct their business ethically
and within the boundaries of the law.Resources Required
Legal Environment of Business: Online Commerce, Business
Ethics, and Global Issues: Ch. 14, 15, 16 and 17
Legal Source database located in the University Library
Two articles located in Week 2 Electronic Reserve
ReadingsGrading Guide
Content
Met
Partially Met
Not Met
Comments:
Chose the one form of organization student felt was best suited
for their manufacturing company and explained why it is best
suited: (1) Partnership, (2) Limited Liability Partnership, (3)
Limited Liability Company (including single member LLC), (4)
S Corporation, (5) Franchise, (6) or Corporation.
Outlined for the investors which form of organization (from the
list of six under the first bullet) would be the least suited and
why.
Summarized for the investors (for the corporate form- #6 under
the first bullet) what legal liabilities could arise for the Director
or officer of that board?
Explained (for the corporate form- #6 under first bullet) how
legal liabilities could be minimized for the Director or officer
of that board?
The presentation is 10 to 15 slides and is appropriate for the
audience.
The presentation includes relevant media and visual aids that
are consistent with the content.
Total Available
Total Earned
4
#/4
Presentation Guidelines
Met
Partially Met
Not Met
Comments:
The presentation is laid out with effective use of headings, font
styles, font sizes, and white space.
Intellectual property is recognized with in-text citations and a
reference slide.
The presentation includes an introduction and conclusion that
preview and review major points.
Major points are stated clearly; are supported by specific
details, examples, or analysis; and are organized logically.
Rules of grammar and usage are followed including spelling and
punctuation.
Total Available
Total Earned
1
#/1
Assignment Total
#
5
#/5
Additional comments:
Organization
Give the legal definition of this business entity
Give one advantage of this business entity that makes it
attractive
Give one dis-advantage of this business entity that makes it
unattractive
Who owns your business entity (ie. what are the titles of the
owners)
Proprietorship
Partnership
Limited
Partnership
LLP
LLC
S Corporation
Corporation
Franchise
Licensing
Joint Venture

More Related Content

Similar to Business Forms and Governance Grading GuideLAW531 Version 1.docx

BUS 437 Project Procurement Management Discussion QuestionsWe.docx
BUS 437 Project Procurement Management  Discussion QuestionsWe.docxBUS 437 Project Procurement Management  Discussion QuestionsWe.docx
BUS 437 Project Procurement Management Discussion QuestionsWe.docx
curwenmichaela
 
Business plan
Business planBusiness plan
Business plan
Student
 
Running head FRITO LAY COMPANY11Frito Lay North Ameri.docx
Running head FRITO LAY COMPANY11Frito Lay North Ameri.docxRunning head FRITO LAY COMPANY11Frito Lay North Ameri.docx
Running head FRITO LAY COMPANY11Frito Lay North Ameri.docx
cowinhelen
 
Researching Industry Financial Statistics Grading GuideFIN57.docx
Researching Industry Financial Statistics Grading GuideFIN57.docxResearching Industry Financial Statistics Grading GuideFIN57.docx
Researching Industry Financial Statistics Grading GuideFIN57.docx
ronak56
 
Topic should be on elderly abuse and ethics of nursingThis assig.docx
Topic should be on elderly abuse and ethics of nursingThis assig.docxTopic should be on elderly abuse and ethics of nursingThis assig.docx
Topic should be on elderly abuse and ethics of nursingThis assig.docx
juliennehar
 

Similar to Business Forms and Governance Grading GuideLAW531 Version 1.docx (9)

BUS 437 Project Procurement Management Discussion QuestionsWe.docx
BUS 437 Project Procurement Management  Discussion QuestionsWe.docxBUS 437 Project Procurement Management  Discussion QuestionsWe.docx
BUS 437 Project Procurement Management Discussion QuestionsWe.docx
 
Business plan
Business planBusiness plan
Business plan
 
Running head FRITO LAY COMPANY11Frito Lay North Ameri.docx
Running head FRITO LAY COMPANY11Frito Lay North Ameri.docxRunning head FRITO LAY COMPANY11Frito Lay North Ameri.docx
Running head FRITO LAY COMPANY11Frito Lay North Ameri.docx
 
Management of Strategic Alliances - 4, 5, 6 v3 by Kartikay Malhotra
Management of Strategic Alliances - 4, 5, 6 v3 by Kartikay MalhotraManagement of Strategic Alliances - 4, 5, 6 v3 by Kartikay Malhotra
Management of Strategic Alliances - 4, 5, 6 v3 by Kartikay Malhotra
 
ch 2 - Copy.ppt
ch 2 - Copy.pptch 2 - Copy.ppt
ch 2 - Copy.ppt
 
Boca Raton Interview
Boca Raton InterviewBoca Raton Interview
Boca Raton Interview
 
Researching Industry Financial Statistics Grading GuideFIN57.docx
Researching Industry Financial Statistics Grading GuideFIN57.docxResearching Industry Financial Statistics Grading GuideFIN57.docx
Researching Industry Financial Statistics Grading GuideFIN57.docx
 
Topic should be on elderly abuse and ethics of nursingThis assig.docx
Topic should be on elderly abuse and ethics of nursingThis assig.docxTopic should be on elderly abuse and ethics of nursingThis assig.docx
Topic should be on elderly abuse and ethics of nursingThis assig.docx
 
Est1 Wgu
Est1 WguEst1 Wgu
Est1 Wgu
 

More from RAHUL126667

Applying the Four Principles Case StudyPart 1 Chart (60 points)B.docx
Applying the Four Principles Case StudyPart 1 Chart (60 points)B.docxApplying the Four Principles Case StudyPart 1 Chart (60 points)B.docx
Applying the Four Principles Case StudyPart 1 Chart (60 points)B.docx
RAHUL126667
 
APPLYING ANALYTIC TECHNIQUES TO BUSINESS1APPLYING ANALYTIC T.docx
APPLYING ANALYTIC TECHNIQUES TO BUSINESS1APPLYING ANALYTIC T.docxAPPLYING ANALYTIC TECHNIQUES TO BUSINESS1APPLYING ANALYTIC T.docx
APPLYING ANALYTIC TECHNIQUES TO BUSINESS1APPLYING ANALYTIC T.docx
RAHUL126667
 
Application of Standards of CareDiscuss the standard(s) of c.docx
Application of Standards of CareDiscuss the standard(s) of c.docxApplication of Standards of CareDiscuss the standard(s) of c.docx
Application of Standards of CareDiscuss the standard(s) of c.docx
RAHUL126667
 
Application of the Nursing Process to Deliver Culturally Compe.docx
Application of the Nursing Process to Deliver Culturally Compe.docxApplication of the Nursing Process to Deliver Culturally Compe.docx
Application of the Nursing Process to Deliver Culturally Compe.docx
RAHUL126667
 
Application Ware House-Application DesignAppointyAppoi.docx
Application Ware House-Application DesignAppointyAppoi.docxApplication Ware House-Application DesignAppointyAppoi.docx
Application Ware House-Application DesignAppointyAppoi.docx
RAHUL126667
 
Applied Psycholinguistics 31 (2010), 413–438doi10.1017S014.docx
Applied Psycholinguistics 31 (2010), 413–438doi10.1017S014.docxApplied Psycholinguistics 31 (2010), 413–438doi10.1017S014.docx
Applied Psycholinguistics 31 (2010), 413–438doi10.1017S014.docx
RAHUL126667
 
Appliance Warehouse Service Plan.The discussion focuses on the.docx
Appliance Warehouse Service Plan.The discussion focuses on the.docxAppliance Warehouse Service Plan.The discussion focuses on the.docx
Appliance Warehouse Service Plan.The discussion focuses on the.docx
RAHUL126667
 
Ape and Human Cognition What’s theDifferenceMichael To.docx
Ape and Human Cognition What’s theDifferenceMichael To.docxApe and Human Cognition What’s theDifferenceMichael To.docx
Ape and Human Cognition What’s theDifferenceMichael To.docx
RAHUL126667
 
APA formatCite 2 peer-reviewed reference175-265 word count.docx
APA formatCite 2 peer-reviewed reference175-265 word count.docxAPA formatCite 2 peer-reviewed reference175-265 word count.docx
APA formatCite 2 peer-reviewed reference175-265 word count.docx
RAHUL126667
 

More from RAHUL126667 (20)

Applying the Four Principles Case StudyPart 1 Chart (60 points)B.docx
Applying the Four Principles Case StudyPart 1 Chart (60 points)B.docxApplying the Four Principles Case StudyPart 1 Chart (60 points)B.docx
Applying the Four Principles Case StudyPart 1 Chart (60 points)B.docx
 
APPLYING ANALYTIC TECHNIQUES TO BUSINESS1APPLYING ANALYTIC T.docx
APPLYING ANALYTIC TECHNIQUES TO BUSINESS1APPLYING ANALYTIC T.docxAPPLYING ANALYTIC TECHNIQUES TO BUSINESS1APPLYING ANALYTIC T.docx
APPLYING ANALYTIC TECHNIQUES TO BUSINESS1APPLYING ANALYTIC T.docx
 
Apply the general overview of court structure in the United States (.docx
Apply the general overview of court structure in the United States (.docxApply the general overview of court structure in the United States (.docx
Apply the general overview of court structure in the United States (.docx
 
Apply the Paramedic Method to the following five selections.docx
Apply the Paramedic Method to the following five selections.docxApply the Paramedic Method to the following five selections.docx
Apply the Paramedic Method to the following five selections.docx
 
Application of Standards of CareDiscuss the standard(s) of c.docx
Application of Standards of CareDiscuss the standard(s) of c.docxApplication of Standards of CareDiscuss the standard(s) of c.docx
Application of Standards of CareDiscuss the standard(s) of c.docx
 
Application of the Nursing Process to Deliver Culturally Compe.docx
Application of the Nursing Process to Deliver Culturally Compe.docxApplication of the Nursing Process to Deliver Culturally Compe.docx
Application of the Nursing Process to Deliver Culturally Compe.docx
 
Application Ware House-Application DesignAppointyAppoi.docx
Application Ware House-Application DesignAppointyAppoi.docxApplication Ware House-Application DesignAppointyAppoi.docx
Application Ware House-Application DesignAppointyAppoi.docx
 
Applied Psycholinguistics 31 (2010), 413–438doi10.1017S014.docx
Applied Psycholinguistics 31 (2010), 413–438doi10.1017S014.docxApplied Psycholinguistics 31 (2010), 413–438doi10.1017S014.docx
Applied Psycholinguistics 31 (2010), 413–438doi10.1017S014.docx
 
Application of the Belmont PrinciplesFirst, identify your .docx
Application of the Belmont PrinciplesFirst, identify your .docxApplication of the Belmont PrinciplesFirst, identify your .docx
Application of the Belmont PrinciplesFirst, identify your .docx
 
APPLE is only one of the multiple companies that have approved and d.docx
APPLE is only one of the multiple companies that have approved and d.docxAPPLE is only one of the multiple companies that have approved and d.docx
APPLE is only one of the multiple companies that have approved and d.docx
 
Appliance Warehouse Service Plan.The discussion focuses on the.docx
Appliance Warehouse Service Plan.The discussion focuses on the.docxAppliance Warehouse Service Plan.The discussion focuses on the.docx
Appliance Warehouse Service Plan.The discussion focuses on the.docx
 
Applicants must submit a 500 essay describing how current or future .docx
Applicants must submit a 500 essay describing how current or future .docxApplicants must submit a 500 essay describing how current or future .docx
Applicants must submit a 500 essay describing how current or future .docx
 
Apple Inc., Microsoft Corp., Berkshire Hathaway, and Facebook ha.docx
Apple Inc., Microsoft Corp., Berkshire Hathaway, and Facebook ha.docxApple Inc., Microsoft Corp., Berkshire Hathaway, and Facebook ha.docx
Apple Inc., Microsoft Corp., Berkshire Hathaway, and Facebook ha.docx
 
Appcelerator Titanium was released in December 2008, and has been st.docx
Appcelerator Titanium was released in December 2008, and has been st.docxAppcelerator Titanium was released in December 2008, and has been st.docx
Appcelerator Titanium was released in December 2008, and has been st.docx
 
APA Style300 words per topic2 peer reviewed resources per to.docx
APA Style300 words per topic2 peer reviewed resources per to.docxAPA Style300 words per topic2 peer reviewed resources per to.docx
APA Style300 words per topic2 peer reviewed resources per to.docx
 
Ape and Human Cognition What’s theDifferenceMichael To.docx
Ape and Human Cognition What’s theDifferenceMichael To.docxApe and Human Cognition What’s theDifferenceMichael To.docx
Ape and Human Cognition What’s theDifferenceMichael To.docx
 
Apply what you have learned about Health Promotion and Disease P.docx
Apply what you have learned about Health Promotion and Disease P.docxApply what you have learned about Health Promotion and Disease P.docx
Apply what you have learned about Health Promotion and Disease P.docx
 
APA formatCite there peer-reviewed, scholarly references300 .docx
APA formatCite there peer-reviewed, scholarly references300 .docxAPA formatCite there peer-reviewed, scholarly references300 .docx
APA formatCite there peer-reviewed, scholarly references300 .docx
 
APA formatCite 2 peer-reviewed reference175-265 word count.docx
APA formatCite 2 peer-reviewed reference175-265 word count.docxAPA formatCite 2 peer-reviewed reference175-265 word count.docx
APA formatCite 2 peer-reviewed reference175-265 word count.docx
 
APA formatCite at least 1 referenceWrite a 175- to 265-w.docx
APA formatCite at least 1 referenceWrite a 175- to 265-w.docxAPA formatCite at least 1 referenceWrite a 175- to 265-w.docx
APA formatCite at least 1 referenceWrite a 175- to 265-w.docx
 

Recently uploaded

MuleSoft Integration with AWS Textract | Calling AWS Textract API |AWS - Clou...
MuleSoft Integration with AWS Textract | Calling AWS Textract API |AWS - Clou...MuleSoft Integration with AWS Textract | Calling AWS Textract API |AWS - Clou...
MuleSoft Integration with AWS Textract | Calling AWS Textract API |AWS - Clou...
MysoreMuleSoftMeetup
 
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPSSpellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
AnaAcapella
 
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdf
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdfContoh Aksi Nyata Refleksi Diri ( NUR ).pdf
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdf
cupulin
 

Recently uploaded (20)

Trauma-Informed Leadership - Five Practical Principles
Trauma-Informed Leadership - Five Practical PrinciplesTrauma-Informed Leadership - Five Practical Principles
Trauma-Informed Leadership - Five Practical Principles
 
Analyzing and resolving a communication crisis in Dhaka textiles LTD.pptx
Analyzing and resolving a communication crisis in Dhaka textiles LTD.pptxAnalyzing and resolving a communication crisis in Dhaka textiles LTD.pptx
Analyzing and resolving a communication crisis in Dhaka textiles LTD.pptx
 
Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...
 
male presentation...pdf.................
male presentation...pdf.................male presentation...pdf.................
male presentation...pdf.................
 
AIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.pptAIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.ppt
 
Major project report on Tata Motors and its marketing strategies
Major project report on Tata Motors and its marketing strategiesMajor project report on Tata Motors and its marketing strategies
Major project report on Tata Motors and its marketing strategies
 
ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH FORM 50 CÂU TRẮC NGHI...
ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH FORM 50 CÂU TRẮC NGHI...ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH FORM 50 CÂU TRẮC NGHI...
ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH FORM 50 CÂU TRẮC NGHI...
 
The Story of Village Palampur Class 9 Free Study Material PDF
The Story of Village Palampur Class 9 Free Study Material PDFThe Story of Village Palampur Class 9 Free Study Material PDF
The Story of Village Palampur Class 9 Free Study Material PDF
 
The Liver & Gallbladder (Anatomy & Physiology).pptx
The Liver &  Gallbladder (Anatomy & Physiology).pptxThe Liver &  Gallbladder (Anatomy & Physiology).pptx
The Liver & Gallbladder (Anatomy & Physiology).pptx
 
VAMOS CUIDAR DO NOSSO PLANETA! .
VAMOS CUIDAR DO NOSSO PLANETA!                    .VAMOS CUIDAR DO NOSSO PLANETA!                    .
VAMOS CUIDAR DO NOSSO PLANETA! .
 
PSYPACT- Practicing Over State Lines May 2024.pptx
PSYPACT- Practicing Over State Lines May 2024.pptxPSYPACT- Practicing Over State Lines May 2024.pptx
PSYPACT- Practicing Over State Lines May 2024.pptx
 
MuleSoft Integration with AWS Textract | Calling AWS Textract API |AWS - Clou...
MuleSoft Integration with AWS Textract | Calling AWS Textract API |AWS - Clou...MuleSoft Integration with AWS Textract | Calling AWS Textract API |AWS - Clou...
MuleSoft Integration with AWS Textract | Calling AWS Textract API |AWS - Clou...
 
8 Tips for Effective Working Capital Management
8 Tips for Effective Working Capital Management8 Tips for Effective Working Capital Management
8 Tips for Effective Working Capital Management
 
Graduate Outcomes Presentation Slides - English (v3).pptx
Graduate Outcomes Presentation Slides - English (v3).pptxGraduate Outcomes Presentation Slides - English (v3).pptx
Graduate Outcomes Presentation Slides - English (v3).pptx
 
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxCOMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
 
Mattingly "AI and Prompt Design: LLMs with NER"
Mattingly "AI and Prompt Design: LLMs with NER"Mattingly "AI and Prompt Design: LLMs with NER"
Mattingly "AI and Prompt Design: LLMs with NER"
 
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPSSpellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
 
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdf
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdfContoh Aksi Nyata Refleksi Diri ( NUR ).pdf
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdf
 
Basic Civil Engineering notes on Transportation Engineering & Modes of Transport
Basic Civil Engineering notes on Transportation Engineering & Modes of TransportBasic Civil Engineering notes on Transportation Engineering & Modes of Transport
Basic Civil Engineering notes on Transportation Engineering & Modes of Transport
 
UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024
 

Business Forms and Governance Grading GuideLAW531 Version 1.docx

  • 1. Business Forms and Governance Grading Guide LAW/531 Version 12 3 Business Forms and Governance Grading Guide LAW/531 Version 12 Business Law Copyright Copyright © 2017 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Individual Assignment: Business Forms and GovernancePurpose 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 its 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
  • 2. also the way that it will be governed. Remember that the law requires that business leaders conduct their business ethically and within the boundaries of the law.Resources Required Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 14, 15, 16 and 17 Legal Source database located in the University Library Two articles located in Week 2 Electronic Reserve ReadingsGrading Guide Content Met Partially Met Not Met Comments: Chose the one form of organization student felt was best suited for their manufacturing company and explained why it is best suited: (1) Partnership, (2) Limited Liability Partnership, (3) Limited Liability Company (including single member LLC), (4) S Corporation, (5) Franchise, (6) or Corporation. Outlined for the investors which form of organization (from the list of six under the first bullet) would be the least suited and why. Summarized for the investors (for the corporate form- #6 under the first bullet) what legal liabilities could arise for the Director or officer of that board?
  • 3. Explained (for the corporate form- #6 under first bullet) how legal liabilities could be minimized for the Director or officer of that board? The presentation is 10 to 15 slides and is appropriate for the audience. The presentation includes relevant media and visual aids that are consistent with the content. Total Available Total Earned 4 #/4 Presentation Guidelines Met Partially Met Not Met Comments:
  • 4. The presentation is laid out with effective use of headings, font styles, font sizes, and white space. Intellectual property is recognized with in-text citations and a reference slide. The presentation includes an introduction and conclusion that preview and review major points. Major points are stated clearly; are supported by specific details, examples, or analysis; and are organized logically. Rules of grammar and usage are followed including spelling and punctuation. Total Available Total Earned
  • 5. 1 #/1 Assignment Total # 5 #/5 Additional comments: Organization Give the legal definition of this business entity Give one advantage of this business entity that makes it attractive Give one dis-advantage of this business entity that makes it unattractive Who owns your business entity (ie. what are the titles of the owners) Proprietorship