The Pros And Cons Of Business Law - 1479 Words

Benjamin is a neighbor of Abrahams in the condominium building. Benjamin owns several condominium units in the building. Benjamin has a daughter named Connie who has just graduated college. Benjamin offered to sell one of his condominiums to Connie for $100. Connie agreed, and paid Benjamin the money. After the papers for the sale of the condominium were drafted and signed, Connie - who had planned to attend law school - decided instead that she wished to become a barista at the local coffee shop and work on a novel she had always wanted to write. Upon hearing this news, Benjamin became very upset. Benjamin did not approve of Connie’s plan to become a barista and aspiring author. Because Benjamin disapproved of Connie’s plan, he told her†¦show more content†¦Frank is a painter who periodically performs work on the common area of the condominium; he also is sometimes hired by owners to do painting for them. One of the condominium unit owners hired Frank to paint the outside of their apartment door. Due to a misunderstanding, Frank painted a different door then the one he was supposed to paint. The door Frank painted belonged to an owner named Glenda. Glenda was leaving one morning, and started to walk away from her apartment towards the front door of the building. As she was walking away from her apartment, she saw Frank setting up his paint and brushes right by our front door. Glenda didnt say anything or try to stop Frank. Glenda had noticed her apartment door needed to be painted, but didnt feel like spending the money at that time. Frank painted her door, but when he sought payment from the owner who had hired him to paint their door, the owner pointed out that Frank had not painted the right door. Frank immediately painted the right door to honor the contract and maintain his reputation. Frank then had an awkward conversation with Glenda where he explained the mishap and asked if Glenda would pay him. Glenda spoke with Connie, the barista who had read half of the contracts commercial outline, to get some legal advice. Connie explained to Glenda that she could very well be legally obligated to pay Frank something for the paint job. Glenda said she didnt understand why she should have to pay Frank whenShow MoreRelatedThe Pros And Cons Of Business Law1197 Words   |  5 Pagesfrom $150.00 - $225.00 per night to $850.00 - $1,700.00 per week depending upon the season, Spring May 19 – May 21, 2016; Summer May 22nd – September 2016. 15. The Defendant’s calendar for 2016 reflects rentals for 10 different families and one business group (Leadership Retreat). The rentals average six (6) days in length. 18. Among the covenants and restrictions placed under the chain of title of each of these parties’ by warranty deed dated February 26, 1946, recorded March 18, 1946 at LiberRead MorePartnership686 Words   |  3 PagesAccounting 11 Partnership vs Sole Proprietorship March 11, 2014 Thinking about starting your own business? Do you prefer to work alone? Or do you prefer to work with a partner? If you choose to work with a partner then the best business structure for you would be the partnership structure. First you must ask yourself; do we have the same vision or objectives on how to run the business? Are we able to communicate well with each other? Most important question of all, do you trust this individualRead MoreBusiness Formations : The Legal Environment1143 Words   |  5 Pages 1 LAWS-310: The Legal Environment Memo to Gloria Smithson +++ Linda Plowman DeVry University Sep 21, 2014 Table of Contents Introduction 3 Business Formations Identification 3 Business Formations Definition 4 Pros and cons 5 Conclusion 7 References 8 â€Æ' Introduction This memo is about providing to Smithson’s family a summarized and explanatory paper that will advise them regarding their will to create a business, which will be able to grow steadilyRead MoreWhat Are The Types Of Business Organizations ( Sole Proprietorship, Partnerships, And Corporations1090 Words   |  5 PagesThe Cardigans want to expand their business ventures. Cora and Caley have discussed the idea of operating a home dà ©cor store with the Cardigan family logo on the goods. The idea behind this type of business is to advertise goods that will make consumers feel that their homes represent a Cardigan lifestyle. The Cardigans would like decide what to name their new business, as it is so different from their usual business variations of clothing and sweaters. Some of the names they have come up with includeRead MoreLaw Firm Of Firm Law1567 Words   |  7 PagesLaw firm of Firm Law LLP Sole proprietorship, partnerships, and corporations are just a few different organization entities that people use when starting a new business. One can change from one business type into another using proper paperwork and by abiding state rules and regulations. There are various factors to consider when starting a business such as the nature of the business being started, the business type, investments or funding, and employees. First, we will examine what business typeRead MoreThe Affordable Care Act ( Aca ) Or Obamacare?1655 Words   |  7 Pages The Pros and Cons of the Affordable Care Act (ACA) or Obamacare? Who Benefits and Who gets Hurt? Chanokporn Srisuwan, Student MBAA 605 Business, Government, and Society Mercy College School of Business- MBA Program August 04, 2016 Abstract The propose of this article is to present the advantages and disadvantages of the Affordable Care Act (ACA) or Obamacare which make all Americans insurable, by requiring insurers to accept all applicants at rates based onRead MoreThe Case Of The Smithson Family1250 Words   |  5 PagesIntroduction The memo that was constructed for the Smithson family will provide an in-depth summary regarding the direction the family should go into starting their business. Within this memo a detailed analysis will provide a layout to expand their company globally and continue to grow at a steadfast pace. The seriousness of the widget invention that was constructed is revolutionary to say the least. The primary concern that Gloria Smithson has expressed is in regards to the personal liabilitiesRead MorePros And Cons Of Facebook987 Words   |  4 Pagessite, comes with its own pros and cons. Facebook though is an enemy to society and single handedly controls the lives of many people. Now, despise what I believe let’s look at some of the ways Facebook can be useful, and a positive experience. Making connections is what Facebook was built off of, originally created so a small group of friends could communicate. Today Facebook allows people all around the world to communicate with friends and relative. The Pros and Cons (2016). This social mediaRead MorePros And Cons Of The Patriot Act1304 Words   |  6 Pagesofficers to search homes or business enterprises of any suspect without the owner’s consent, and also allows the FBI to wiretap and have access to certain financial information without the individuals consent. There has been a lot of controversy over the act, because some say it is a violation of their Fourth Amendment right. This research will show some of the pros and cons and why the USA Patriot Act is necessary to protect the lives of Americans. The Pros and Cons of the USA Patriot Act TheRead MoreThe Prison System And The Jail System1352 Words   |  6 Pagespolitical action memo that I will be discussing is about the jail system. First, I will define the jail system, and what this system can do for the citizens. Second address the cons and pros about the jail system by illustrating the topic into main bullet points. Third, voice my thoughts about the jail system with adding pros and cons to a political action I should address, and concluding which action I am going to take to further y concern about the jail system. When hearing about the jail system, this