1) Draft a contract clause, containing a minimum of 175 words, regarding one of the following topics:
• Intellectual Property Clause regarding company ownership of employee created works
• Intellectual Property Clause regarding a third party’s use of at least two types of your business’ intellectual property
Discuss the following in a minimum of 875 words:
• Explain the legal issues addressed by your selected topic/clause and how your contract clause can be applied within a business managerial setting.
• Summarize the potential legal defenses available to contract formation.
• Evaluate the potential remedies for breach of contract that might be available if someone breached the contract clause you created.
Cite a minimum of 3 peer-reviewed references. Peer-reviewed references do not include websites, newspapers, or popular magazines.
Format your assignment consistent with APA guidelines.
2) Create a 10- to 12-slide Microsoft® PowerPoint® presentation including detailed speaker notes. The speaker notes should act as the script or text of the presentation. The presentation should include the following:
• Differentiate among the different kinds of torts that might affect a business.
• Identify scenario changes that could result in criminal liability and discuss other business activities not related to the scenario that might result in criminal liability.
• Discuss key points of the team’s individual papers.
• Defend the collective findings of the learning team and the conclusions.
Cite a minimum of 3 peer-reviewed references. Peer-reviewed references do not include websites, newspapers, or popular magazines.
Format the presentation consistent with APA guidelines.
3) Imagine you own Springfield Arms Apartments, a business that rents primarily to students. One evening, your tenant Sharon is attacked by an intruder who forces the lock on the sliding glass door of her ground-floor apartment. Sharon’s screams attract the attention of Darryl, your resident manager, who comes to Sharon’s aid. Together, Darryl and Sharon drive the intruder off, but not before they both are badly injured by the intruder.
Write at least 1,050 words addressing the following:
• Explain whether or not the intruder is liable for his actions.
• Explain your legal duties and responsibilities to Sharon and Daryl.
• Differentiate among some of the potential torts that might arise from this business context.
• Discuss ways to prevent or mitigate the risk of the potential torts.
• Discuss what you would want from your landlord if you were Sharon and what you would want from your employer if you were Daryl.
• Discuss what, if any, ethical responsibilities you have to Sharon and Daryl as the business/business owner.
Cite at least 4 scholarly references.
Format your paper consistent with APA guidelines.
4) Create a minimum 10-slide Microsoft® PowerPoint® presentation including detailed speaker notes. The speaker notes should act as the script or text of the presentation. The presentation should include the following:
• List 3 U.S. regulatory agencies and 3 International regulatory agencies, then summarize the role of each agency with U.S. businesses.
• Summarize the Sarbanes-Oxley Act of 2002 as it relates to U.S. business operations.
• Explain the governance principles of regulatory compliance requirements related to Sarbanes-Oxley.
• Discuss the role of the SEC and how Sarbanes-Oxley affected the agency.
• Explain how Sarbanes-Oxley strengthened the enforcement of securities fraud and helped with the implementation of accounting reforms.
• Identify regulatory compliance requirements for business managerial situations including those that relate to the Sarbanes-Oxley Act of 2002 (SOX).
Cite a minimum of 3 scholarly references.
Format the presentation consistent with APA guidelines.
5) Scenario 1: Imagine you own a small business and after a year in business you have decided to hire a bookkeeper for 2 hours every Friday to bring your books up to date and to process payroll. You want the work performed at your business using the business’s computer and software. The bookkeeper’s work is very specific and you are paying $25 per hour.
Scenario 2: Imagine you start managing your family’s business and after taking the job you realize the business hasn’t had its bank statements reconciled for a year. None of the checks have been recorded in the checkbook or in the company’s bookkeeping software. You hire a bookkeeper to help you get things in order. They have to put all canceled checks in order, enter the missing checks in the bookkeeping software, and reconcile the bank statements using the company’s bookkeeping software. This is a one-time project that you estimate will require 2 weeks of work. You are paying $25 per hour.
Scenario 3: Imagine as the new manager of the family business you also decided to institute a new policy for handling expense reimbursements to employees. You hire an accountant to prepare the procedure manual for the finance department and prepare a new section of the Employee Handbook. The accountant must meet with company employees to gain an understanding of the new policy. The accountant will be paid a flat fee for the two tasks.
Analyze the scenarios above using a minimum of 1,050 words and include the following:
• Compare and contrast the three scenarios in a table including:
• Whether the person hired in each scenario is an employee or independent contractor.
• The reasons why the person hired in each scenario is an employee or independent contractor.
• Explain the pros and cons of hiring someone as an employee versus an independent contractor.
• Discuss what, if any, legal liabilities and responsibilities a business has for its employees as compared to independent contractors.
• Discuss the consequences a business might face for misclassifying an employee.
Cite at least 4 scholarly references.
Format your paper consistent with APA guidelines.
6) Part 1:
Select a business entity that can be transferred by the owners and in a minimum of 525 words address the following:
• Explain why the entity was chosen by the team and how the entity choice supports the overall vision for the business.
• Outline the role (officer or director) each team member will play in the business, their responsibilities, and why they were selected for the particular role.
Part 2:
Draft a disciplinary policy for the company. Using at least 350 words, identify employee discrimination risks and analyze how the disciplinary policy will help to mitigate those risks.
Part 3:
Draft a succession plan for the business using at least 350 words. Each team member should have some ownership interest in the business.
Cite a minimum of 3 scholarly sources.
Format Part 1 of the assignment consistent with APA guidelines. Format Part 2 of the assignment like a company policy. Format Part 3 of the assignment like a contract. Search the Internet for examples.
