Final Paper (Acme Fireworks)

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Acme Fireworks

Ashley Spence

Ashford University

Business Law I

Maureen Martinous

23 November 2020

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Acme Fireworks

Outline

Introduction

Introduction subheading provides a general overview of the company by stating the time

when it started, the location, current number of workers, and changes it has experienced. This

part will have a thesis statement as; The company needs to change from being a sole

proprietorship to a limited liability company to avoid higher risks of personal lawsuits due to

incompliance.

Company Description

This area will provide the company’s history, the mission, and vision, and explain what

Acme Fireworks deals with. The date of incorporation will be under this part.

Nature of The Company

This heading will tell whether the company is a sole proprietorship or what, and how it

started, was it a garage or what? Also, a discussion of the number of inquiries that force the

company to expand its business is critical.

Type Business Entity Acme Fireworks Should Become

Explaining of other forms of business that the company needs to adopt other than being a

sole proprietorship. The owner of the company had inadequate knowledge to understand this

decision. Most business activities involve a legal framework that requires the involvement of

various shareholders.

Factors to Consider Before Expanding

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1. company

Your introduction should

include a brief statement of

the main facts as well as your

thesis statement which

incorporates the issues you

will be discussing on behalf of

Acme. [Maureen Martinous]

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The area discusses the reevaluation of what type of insurance it needs to deal with

explosive materials. The explanation of how many liabilities for clients to get involved is given,

and the decisions regarding the type of employees to hire and the type of employment available.

Compliance to Legislation

Simple questions to answer under this subheading are; As a result of expansion, does the

company comply with a common law or the Uniform Commercial Code (UCC)? Make an in-

depth analysis of a contract being adhered to from the owner of Acme Fireworks and provide

explanations of possible personal liabilities for clients during a firework display.

Evaluation of The Law That Governs the Operations of The Company

Assessment of how the Uniform Commercial Code (UCC) law impacts the company

decisions and activities. What the law requires on business activities and discussion of all set

standards to meet. Is the UCC the best when it comes to selling goods for the company?

Evaluation of how the UCC is the best. How state to state transactions influence activities of the

company in the market.

Five Essential Elements under the UCC

How are the company’s transactions and contracts based on offer, acceptance,

consideration, legal capacity, and legality ensured? Giving details on how the company has a

special knowledge regarding its products.

Company Protection

Discussion on the compensation of workers in case of workplace injury using the

company liability. For instance, if an employee was to get hurt by a firework explosion, will he

or she get covered with company liability? This question forms the critical content of this

heading. It will involve an in-depth evaluation of whether the company has health and safety

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2

1. to

Look deeper. Are these

contracts for goods or

services or both? [Maureen

Martinous]

2. regarding

Make sure you fully define

each of the elements using

good legal definitions and

then provide an analysis of

each one using facts from the

Acme case. [Maureen

Martinous]

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rules that workers must follow to ensure a safe working environment. If the company complies

with OSH rules, it will not become reliable for any injury.

Employment Type and Agency

Issues for considerations are contract rules, agency laws, and terms and conditions of

contracting vs. employment. Also, there is an explanation of the various types of workers that the

company should retain due to different types of business transactions of the company.

Conclusion

This part reinstates the thesis statement. It critically evaluates the key points discussed

and highlights what can be done to enhance the company's performance in terms of profit-

making and compliance with the law. These highlights depend on the weaknesses revealed in the

discussed points of the essay body.

References

Lipson, J. C., & Weise, S. O. (2019). The Business Lawyer at 75 and Secured Transactions

Under Article 9 of the Uniform Commercial Code. Business Lawyer, 75(1).

Rogers, S. (2012). Essentials of Business Law [Electronic version]. Retrieved from

https://content.ashford.edu

Yonjan, Y. K. (2019). An Analysis on Major Elements of a Valid Contract Under Muluki Civil

Code, 2074. Available at SSRN 3437233.

The references provide evidence-based findings and information in the field of business law,

specifically business contracts and laws. Also, they support the provided ideas to ensure

academic integrity.

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1. ensure

Under what legal theories

could an injured potentially

recover? [Maureen

Martinous]

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