Nobody downloaded yet

Business Entities, Laws, and Regulations - Research Paper Example

Comments (0) Cite this document
This paper discusses three businesses scenarios that include restaurant/bar business, construction business, and extermination business depending on the requirements of starting a successful business. A well-detailed business plan contains estimated budget that indicates the amount of capital…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.2% of users find it useful
Business Entities, Laws, and Regulations
Read TextPreview

Extract of sample "Business Entities, Laws, and Regulations"

Download file to see previous pages In this scenario, Mei-Lin is the hiring manager of a new construction company called Surebuild Inc. This corporation has advertised a position of jackhammer operator, and Mei-Lin is facing a challenge of determining the best applicant fit for the job. She wants to treat each applicant equally, and determine the most qualified under the Equal Employment Opportunity Act (Steingold, 2011). In the United States, Equal Employment Opportunity Commission (EEOC) is charged with the duty of enforcing federal laws, which make it illegal to discriminate against an employee or job applicant due to an individual’s religion, race, age, sex, color, race, genetic information and disability (Steingold, 2011). ...
Michelle is a 35-year-old high school graduate. She has experience in operating jackhammer, although she is currently pregnant. Mei-Lin cannot choose to discriminate against Michelle just because she is pregnant. She is, therefore, a legitimate applicant for the job. Nick is a 23-year-old college graduate, but with no experience in operating jackhammer. He has epilepsy, and this cannot prevent him from getting this job. This is because the federal law states that no applicant or employee should be discriminated against because of disability (Meiners & Ringleb, 2011). Felipe, who is the final applicant, is 38 years old without a high school diploma, and she does not speak English. She can be dismissed on the grounds that she does not have a high school diploma. The hiring manager can, therefore, choose either Nick or Michelle as the best applicants for the jackhammer operator position. Restaurant/Bar Business Starting up a sports bar and restaurant will be a difficult task for both Jose and Lou. This is because they do not have enough capital, and they will consider bringing in Miriam to provide the finances. This business will, therefore, be formed under the Partnership Agreement Act. In this scenario, Jose, Lou, and Miriam will be partners in the sports bar and restaurant, however, daily running of the business will be done by Jose and Lou only. In this partnership agreement, Miriam will only contribute capital in return for a profit. All the partners will have liability and share loses because each of them has something to lose. Most of loses will be directed to Jose and Lou because both of them are responsible for the daily running of the business. Opening sports bar and restaurant business require food and liquor licenses. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Business Entities, Laws, and Regulations Research Paper”, n.d.)
Retrieved from
(Business Entities, Laws, and Regulations Research Paper)
“Business Entities, Laws, and Regulations Research Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business Entities, Laws, and Regulations

Business Entities, Laws, and Regulations Paper

...?Business Entities, Laws, and Regulations Paper Business Entity Scenario Lou and Jose plan to open a sports bar and restaurant where s socialize and watch sporting events on large-screen TVs that hang around the bar. They do not have much money, but they do have Miriam, a wealthy investor who does not have time to participate in the business, but wants to provide capital to start the business in return for a percentage ownership. 1.1) Starting Business: Laws and Regulations Doing business in a country where laws and regulations are defined; makes the business easier and profitable. The idea is to be sensitive to the various laws regarding registration of business entity, employment, taxation, intellectual property rights that form... the...
4 Pages(1000 words)Term Paper

Business Entities, Laws, and Regulations

...? Business entities, Laws and Regulations Insert Task Business Entities, Laws, and Regulations Introduction Business involves all activities related to buying and selling of goods in order to make a profit. There are different types of businesses which people can operate. Some of the entrepreneurs prefer being sole proprietors while others may prefer partnership depending on the personal commitment (Hillman, 1997). All types of businesses require one to have a business permit from the government to operate. For instance, a restaurant has...
5 Pages(1250 words)Term Paper

Data Protection Laws, Regulations, and Policies

...?Running Head: DATA PROTECTION LAWS, REGULATIONS, AND POLICIES Protective Measures of Introduction In the UnitedStates of America, a sectoral system is used in the application of the legislations, regulations, laws, and policies on data protection. According to this approach, a combination of federal and state legislations, regulations, as well as self-regulation is applied. In fact, the U.S government emphasizes the need for the private sector players to lead in the implementation of state, federal, and self-regulations of data protection. The many issues brought about by computer and internet technologies have...
3 Pages(750 words)Essay

Business Entities, Laws, and Regulations

...Business Entities, Laws, and Regulations Table of Contents Introduction 2 Restaurant/Bar 3 Extermination Business 4 Construction Scenario 4 Conclusion 5 Works Cited 6 Introduction A business entity is an institution that is known to be principally engaged in economic functions such as production related to goods or distribution of services with the intention to earn profit and sustainable growth. The promoter or the entrepreneur decides the size of the entity, structures of the ownership affirming whether the entity will be operated by the sole trader or on a partnership basis and the...
4 Pages(1000 words)Research Paper

Major American employment-related laws and regulations

...Employment Opportunity Commission, 2013). Diversity in the workplace encourages innovation and creativity in new product development and enhances the ability of the business to compete in global markets. Diversity polices include affirmative action guidelines that increase the number of women in the workforce, the ethnic composition of the employees, the level of respect of cultural differences and stereotype management (Marshall, 2005). In this case, Pamodoro Ltd must encourage diversity and affirmative action that ensuring the workforce contains individuals from different ethnic backgrounds, different ages, different religions, and unique cultural beliefs and attitudes. The U.S employment laws and...
5 Pages(1250 words)Case Study

Business entities

...Running Head: Business Ethics Business Ethics s Business Ethics Individuals in business face several challenges when they move beyond their own country and culture in search of customers and suppliers. One of the most difficult questions is: How do we resolve the conflicts between our home nations civil laws and ethical principles and those of the country in which we are doing business? What, in fact, can we expect other countries views of business ethics to be? For the most part, scholars who are interested in business ethics seem to have split into two camps, talking about two kinds of...
6 Pages(1500 words)Essay

Environmental Laws and Regulations

...or are violated, the potential risk of unforeseen liability also has to be counted in the profitability calculations, and this was not being Environmental laws 2 factored in the past. From mega disasters like the Bhopal Gas Tragedy or the Exxon Valdez oil spill, to the individual whose automobile violates emission norms, every one has to pay a price. Survival All calculations of competitiveness and profitability are reduced to nothing, and the very survival of a business is threatened, when it has to pay millions or billions of dollars as penalty for non-compliance. The Bhopal Gas Tragedy (dubbed as ‘Hiroshima of the Chemical Industry’), which killed more than 2000 and injured over...
2 Pages(500 words)Essay

Laws and Regulations on Foreign Trade

...Tyler Walker English 114 13 December Laws and Regulations on Foreign Trade Foreign trade is an indispensable component of globalization. Thun (347) was correct in the observation that there is nothing new about globalization. He said, “(i)n the sixteenth century, chartered trading companies established foreign production facilities for much the same reasons as firms did centuries later – internalization within the firm was a means of economizing on frequent transactions that inherently had to occur in a particular location, whether in order to access specific raw materials or markets.” However, what is new in this present juncture is the degree to which globalization has managed to permeate every single...
5 Pages(1250 words)Essay

Business Entities

...Running Head: BUSINESS ENTITIES Business Entities [The of the will appear here] [The of the id will appear here] [The of the course will appear here] [The name of the course number will appear here] What is your advice to Stanton? My advice to Stanton is to change his company from sole proprietorship to Limited Liability Company. When Stanton would change to this form of business entity, he would be required to change the name of the company to Air Stanton LLC. By doing so, Stanton would be passing on his liability to the company which would then be considered a separate entity from Stanton’s individual self. What are...
2 Pages(500 words)Case Study

Business Regulations

...Glasgow School for Business and Society Wendy Brown Matriculation Number: S1037215 Programme: P/T Business Management Degree Level: 3rd Year Seminar Tutor: Gavin Brown Module: Business Regulation Module Leader: Dr M-A Houston Submission Date: On or before 12pm Friday 14th March 2014. Submissions to: W116/117 Please complete ALL bold rows above. "This piece of coursework is my own original work and has not been submitted elsewhere in fulfilment of the requirement of this or any other award." Signed by student: Please remember to submit: 1 copy of the essay and 1 full Turnitin report. Contents Submission Date: On or before 12pm Friday 14th March 2014. 1 Submissions to:...
12 Pages(3000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Business Entities, Laws, and Regulations for FREE!

Contact Us