Business Law Question

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For this assignment, you will be developing an outline for your Week 5 Final Paper. *final paper information is at the very bottom.

Submit an outline for your Final Paper that includes the following:

• Develop an introduction with a thesis statement for the Final Paper.
• Create an outline of the major headings with a two- to three-sentence description of what you will discuss under each heading.
• Provide a references page for the sources you will use in the Final Paper (the Final Paper has a minimum requirement of five scholarly sources in addition to the course text).
  • State the complete bibliographic citation for the scholarly source, which should include the reference entry as well as a short summary of the source.
    • Follow APA Style guidelines, and see the Annotated Bibliography resource for assistance.

The Final Paper Proposal paper

• must be two to three double-spaced pages in length (not including title and references pages) and formatted according
• must include a separate title page with the following:
  • Title of paper in bold font
    • Space should appear between the title and the rest of the information on the title page.
  • Student’s name
  • Name of institution (The University of Arizona Global Campus)
  • Course name and number
  • Instructor’s name
  • Due date
• must utilize academic voice.
• must include an introduction. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
• must use at least five credible and/or scholarly sources in addition to the course text
• must include a separate references page that is formatted according to APA Style as outlined in the Writing Center

Context for final paper

For your Final Paper, assume the following scenario: You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, and produces fireworks displays with ground display fireworks and large aerial display fireworks. The company started in the owner’s garage 2 years ago and now has 15 employees who you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and a price per display was agreed upon. It was discussed that most of the cost for a fireworks display is for skilled labor, insurance, and the actual service of setting off the fireworks. No other details were discussed. The owner is anticipating that new employees will need to be hired, but he is worried that if the large orders for fireworks displays do not continue, the company will not have the funds to pay the new employees. The owner is now considering changing the business entity, but he does not know what entity to form or how to form it.

In your paper, the owner has asked you to do the following:

• Analyze if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC).
  • Explain why.
• Analyze whether the owner formed a contract with the businesses.
  • Apply the five essential elements of an enforceable contract.
• Explain the potential personal liability to Acme Fireworks if a spectator is injured by a stray firework from a fireworks display.
• Discuss the different employment types and relationships relevant to agency law.
  • Analyze the advantages and disadvantages of each type specific to Acme Fireworks.
• Explain why Acme Fireworks should not operate as a sole proprietorship.
• Recommend a new business entity.
  • Provide rationale to support your recommendation.