This is a small group project. Your group will choose an original sample business $($develop your own idea!$)$ and create a short presentation $($approximately $10-15$ minutes in length$)$ outlining potential legal issues and liabilities you may face in forming your business. You will be choosing to structure your business as a corporation.

In your presentation, please explain why you have chosen the corporate structure, and any difficulties that may arise because of the structure $($do you have to think about share structures, funding possibilities, protecting your assets and investments?$).$ Be sure to discuss any potential liabilities that you and your business may face $($what are the biggest legal risks and how will you account for them?$).$ Your presentation will necessarily touch upon other topics in our class, including $($but not necessarily limited to$)$ torts, contracts, insurance, debtor$/$creditor and employment law. When possible, reference any legislation that will guide your business, and identify any particular legal issues that you need to keep in mind $($for example, vicarious liability, fiduciary duties, agency law$).$ Remember that everyone$$s projects will be different and will have different legal issues.

You can look to TopHat text Chapter $3$ for input on how to develop risk management plans regarding various legal areas.

Please make sure you show critical analysis when discussing the potential legal issues; I am interested in seeing the potential legal $$pitfalls$$ of your business, and how you proceed with them in mind.

give an example of private corporation for a rental propert business