Module 04

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School

Rasmussen College *

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Course

328

Subject

Law

Date

Jan 9, 2024

Type

docx

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2

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Module 04 scenario Your progress and advancement in business have provided you with an opportunity to develop your company. You are very eager about this possibility, and you begin to review some of the potential legal structures (such as sole proprietorship, limited liability company, or corporation) that the new organization may utilize. A partnership seems to be an excellent option, especially because you are aware of others who may be interested in developing and/or supporting this venture. As you begin your research, you recall the distinctions between limited and general partnerships. You decide to prepare an executive summary about the duties and the responsibilities of each, addressing both legal and ethical perspectives. You are writing this content now with the expectation that it may be shared with future investors and/or potential partners. If a partnership is pursued, the information may also be relevant in designing a partnership agreement. Instructions Write a 3-4-page brief proposal that addresses the following: What are the legal and ethical duties and responsibilities of general partnerships? What are the legal and ethical duties and responsibilities of limited partnerships? Which option (general partnership or limited partnership) would you select? Explain your rationale. Include some of the potential benefits and disadvantages of each. MODULE 05 Scenario You have just earned a managerial role within the city government, specifically a local housing authority. Your agency oversees a variety of housing and accommodation needs, and it maintains relationships with both state and Federal government offices. During your first week in your new position, you receive an urgent request from a well-known advocacy group. The organization is concerned about the possibility of an eminent domain action by the city, and it is seeking information, examples, and analysis regarding this topic. Instructions Locate an example of eminent domain and prepare a 2-3-page business report that responds to the following points: Provide a summary of what happened. Regarding your example, do you think the action of taking the property is fair? Why or why not? In general, should the government be able to take your property through the process of eminent domain? Why or why not? DISCUSSION Real property, personal property, and intellectual property laws each contain unique legal requirements. For this activity, select one of these areas to research. Find a recent example (within the past five years) that illustrates the impact of these laws on either consumers or businesses. For example, you may wish to discuss current litigation arising from a homeowner’s real estate transaction. Alternatively, you may wish to focus on a story involving a corporate intellectual property dispute. Initial Post Explain your chosen story or news article. How are the materials relevant to either real property, personal property, or intellectual property laws?
Reply Post Respond to at least one classmate’s post. What are your impressions and thoughts regarding the information? What legal issues or points do you recognize in this content? Please remember to acknowledge any source you use. MODULE 06 Scenario You have recently been accepted as a new member of the board of directors for a state-wide volunteer organization. To present your expertise and to establish your dedication, you offer to develop a presentation about corporate governance for the organization’s annual orientation. The executive manager is delighted at this prospect and requests that, along with laws or related information, you provide recommendations for building and sustaining a strong, successful company. Instructions Prepare a Microsoft PowerPoint presentation. Include speaker notes in the Notes pane on each slide to explain the details of your presentation. Your presentation should include the items below. Title slide Introduction with an overview and purpose of the presentation Three to five slides that: Identify at least two (2) laws that might impact the business. Resources that may be useful are the U.S. Department of Labor website, the U.S. Equal Employment Opportunity Commission, and/or the U.S. Small Business Administration. Explain what the laws mean and how they might specifically affect the organization. Provide at least four (4) ideas or recommendations for the company to ensure both current and ongoing compliance. References slide as the last slide in the presentation DISCUSSION As our global economy expands, the significance of laws and governmental regulations for businesses, industries, and consumers may also develop. Review the information available on the U.S. Securities and Exchange Commission (SEC) website and use it to inform your discussion. U.S. Securities and Exchange Commission Initial Post Select one or two laws or regulations you found on the SEC website that you think may be subject to change in the next five to ten years. Summarize the law(s) or regulation(s) and explain why you think they might change. Reply Post Respond to one classmate’s post. What are your impressions of the law(s) or regulation(s) presented? What findings or conclusions do you raise based on this content? Please remember to acknowledge any source you use.
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