Business law

1. The legal definition for a partnership is when two or more people decides to run a business enterprise in which the profits and losses are shared equally and the proper formation of a partnership can be done through written or oral agreement. I do not believe an actual partnership was set up between these four Trent students. This is because the students made an oral agreement yet just to take part in further research, there was no mention of profit sharing or co-ownership of the situation is made. I think a plan is developed and an equal spread of the workload is addressed, which make it look more like a strategy rather than an agreement. 2. The basic provisions of the partnership are that each of the four members had equally contributed…

Final Outline Brandy Noell BUS 311: Business Law I Instructor Brian Lahargoue September 19, 2016 I. Introduction 1. Acme Fireworks sells kinds of fireworks that include but are not limited to single-use and aerial display ground show. If an individual can think of it, Acme Fireworks can supply it. Acme Fireworks is a sole proprietorship that started out in a smal garageand is now looking to change its entity status. They are looking change because of the recent influx of larger business…

Running a business can often times be an extremely challenging and difficult task for a number of reasons. When it comes to defining business law for an organization, this is one of the most challenging tasks that a business owner has to address up front. Many elements of the business have to be defined or addressed in the beginning stages of opening a business because of the fact that a business owner typically has to obtain a loan, and a license in order to practice business in various…

keeping up the business without selecting the simultaneousness with Australia's TAX and business government and considering the same name for business, thusly knowing the name is definitively assigned to retail based business in Perth in past are having certifiable announcement for them. As indicated by the showing No. 126 of 2011 "Business Names Registration Act", it's an offense accomplishing business without selecting and clandestinely are subjected to teach under criminal codes said in law…

The world of business is full of men and women offering products and services to both the companies they work for and the individual consumers. Every aspect of this fast moving world is both aided and held accountable by the laws that govern it. Laws not only protect the consumers and employees from being wronged, but can also protect companies from being wronged by competitors, employees, and customers. Practically every area of business is somehow impacted by laws and regulations. These laws…

BA 207 Business Law Q 1. What are the general problems with the warranty theory? Many who file claims for breach of contract, may have problems winning their cases, because of one or more of these general problems: a. The claimant must prove that there was a sale. b. The sale was of goods rather than real estate or services. c. The action must be brought within the four-year statute of limitations under Article 2-275, when the tender of delivery is made, not when the plaintiff discovers the…

The legal environment in the business is very vital in ensuring that business transactions are smoothly effected. Business law entails the local, state and federal laws that govern the creation and daily operations of companies. Both the employees and the employers have a responsibility in ensuring that they abide by the business laws within the business environment. For example, the employees must stick to the agreements in the employment contract and behave in accordance with business ethics.…

BUSINESS LAW ASSIGNMENT ACKNOWLEGMENT I am using this opportunity to express my gratitude to everyone who supported me throughout the course of this project. I am thankful for their aspiring guidance and friendly advice during the project work. This project has helped me expose myself to new information and learn a lot from it. I express my warm thanks to Ms. Geetanjali Chandra for providing me with this challenging project and her support and guidance. Thank…

Barry S. Roberts, Len Young. Smith, and George Gale. Roberson. Smith & Roberson’s Business Law (Mason, OH: South-Western, 2009), 622.). 10. I think the judgement can’t go to neither against black because it…

A Cook County Business Lawyer Can Keep You Informed The legislation governing business is often complex, and it's easy to inadvertently violate an obscure or new law. A Cook county business lawyer can keep you informed about the federal, state, county, and city laws that effect how you run your business. Experts are available to help you stay in compliance with legislation governing business operations such as: • Business taxes • Consumer protection • Employment law • Product or service…