Description:
Points: 150 Assignment 1: Forming a Partnership
Criteria
Unacceptable
Below 60% F Meets Minimum Expectations
60-69% D
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
1. Explain the role of agency in your business association.
Weight: 15% Did not submit or incompletely explained the role of agency in your business association. Insufficiently explained the role of agency in your business association. Partially explained the role of agency in your business association. Satisfactorily explained the role of agency in your business association. Thoroughly explained the role of agency in your business association.
2. Identify the advantages and disadvantages of partnerships, limited liability companies, and corporations.
Weight: 20% Did not submit or incompletely identified the advantages and disadvantages of partnerships, limited liability companies, and corporations. Insufficiently identified the advantages and disadvantages of partnerships, limited liability companies, and corporations. Partially identified the advantages and disadvantages of partnerships, limited liability companies, and corporations. Satisfactorily identified the advantages and disadvantages of partnerships, limited liability companies, and corporations. Thoroughly identified the advantages and disadvantages of partnerships, limited liability companies, and corporations.
3. Discuss which partnership or company is the best fit for you, your business, and your associates. Provide a rationale for your choice.
Weight: 25% Did not submit or incompletely discussed which partnership or company is the best fit for you, your business, and your associates. Did not submit or incompletely provided a rationale for your choice. Insufficiently incompletely discussed which partnership or company is the best fit for you, your business, and your associates. Insufficiently provided a rationale for your choice. Partially discussed which partnership or company is the best fit for you, your business, and your associates. Partially provided a rationale for your choice. Satisfactorily discussed which partnership or company is the best fit for you, your business, and your associates. Satisfactorily provided a rationale for your choice. Thoroughly discussed which partnership or company is the best fit for you, your business, and your associates. Thoroughly provided a rationale for your choice.
4. Discuss how you would persuade your future partners to go with your preferred form of partnership.
Weight: 25% Did not submit or incompletely discussed how you would persuade your future partners to go with your preferred form of partnership. Insufficiently discussed how you would persuade your future partners to go with your preferred form of partnership. Partially discussed how you would persuade your future partners to go with your preferred form of partnership. Satisfactorily discussed how you would persuade your future partners to go with your preferred form of partnership. Thoroughly discussed how you would persuade your future partners to go with your preferred form of partnership.
5. 3 references
Weight: 5% No references provided Does not meet the required number of references; all references poor quality choices. Does not meet the required number of references; some references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices.
6. Clarity, writing mechanics, and formatting requirements
Weight: 10% More than 8 errors present 7-8 errors present 5-6 errors present 3-4 errors present 0-2 errors present
