Question: For this Assignment, you will have a chance to provide that recommendation by assuming the role of a junior legal research team member at XYZ
For this Assignment, you will have a chance to provide that recommendation by assuming the role of a junior legal research team member at XYZ Corporation. The Company has been asked to review several business scenarios for clients regarding possible business structures. You have been given the task of gathering some introductory information on the topic, as well as producing a report that reviews the clients' options for legal structures for their new companies.
Resources
Be sure to review the Learning Resources before completing this activity. Click the weekly resources link to access the resources.
WEEKLY RESOURCES
To prepare for this Assignment:
- Review the Learning Resources and take into consideration how different business owners will have a variety of wants and needs when deciding upon a legal business structure. Try to anticipate those needs.
- Refer to the Academic Writing Expectations for 2000/3000-Level Courses as you compose your Assignment.
By Day 7
Submit your report containing recommendations for appropriate legal structures for the five clients' business types. For each scenario, address the following in your report:
- Choose which type of business structure would be most appropriate for the situation.
- List pros and cons of the recommended structure.
- List the steps required for creating this type of business structure.
- Include legal considerations and examples of related legal issues, including personal liability and taxes, as well as profit distribution, if applicable.
Deborah owns a bakery that is best known for her specialty cupcakes. Her most important ingredients are the gourmet chocolates Theo produces in his candy shop. They would like to form a business structure together that helps them to market both of their brands and make consumers aware of the importance of the relationship of their products. (225-300 words, 3-4 paragraphs)
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