RECALL the lectures $+$ the Assigned READings$>$ WRITE ~ three $(3-5)$ sentences for

each part of the following:

a$.$ Which of the company LEGAL FORMations carries the MOST risk to the business

owners? And which have the LEAST risk?

b$.$ Which of the company LEGAL FORMations can eventually become a Public

Company? And what risks does this FORM have?

c$.$ What does it mean to $$Whistle Blow$$ on a company? $[$hint: not a penalty in

Hockey $...$ go Flames!$]$

d$.$ What does a $$Conflict of Interest$$ mean: to a company? To an Officer of a

company? To a Board member of a company?

e$.$ Which of the Company Forms has to create bylaws? Who approves the bylaws?

Where are these kept?