Choose one type of business entity that you plan to use for Solar Co., and explain why you would choose this type of entity rather than the others
Assignment 2&3 – You are a sole proprietor presenting
Assignment 2 Scenario: You are a sole proprietor presenting to a group of investors, seeking 20 million dollars to raise capital for your solar panel manufacturing and installation company, Solar Co.
Prepare a 7- to 10-slide Microsoft® PowerPoint®, Microsoft® Sway®, or Prezi® presentation with speaker notes for your potential investors, and address the following items:
Choose one type of business entity that you plan to use for Solar Co., and explain why you would choose this type of entity rather than the others. What risks and issues specific to this industry and Solar Co.’s business influenced your decision?
Assume that at least one investor will question whether Solar Co. should be organized as a corporation. Summarize, for the investors, what legal liabilities could arise for the directors or officers of that corporation. How could those liabilities for the directors and officers be minimized?
Submit your assignment.
Assignment 3 Review the “IRAC Method” section of Ch. 1 of Legal Environment of Business.
Research one legal case or recent event involving a tort and one legal case or recent event related to criminal law. Each case or event should have taken place within the past two years.
Write in-depth briefs explaining your selected cases using the IRAC method. Each case brief should be 350 to 525 words and include an explanation of how the legal concepts in the selected case can be applied within a managerial business setting including considerations such as but not limited to:
Insurance
Internal auditing and reporting procedures
Explaining what could have been done differently in each case to avoid or reduce harm/risk
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