Analyze liability implications for all owners of business

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After forming the partnership selling apparel Josh and Mitch open up shop. As Mitch is working the register while is sipping on a very hot cup of coffee. Customer Chloe comes up to the counter and Mitch accidentally pours the coffee on Chloe and it causes her arm to turn red requiring a band aid. Chloe sues the business for damages.

1. Analyze the liability implications for all owners ofthe business.

2. Explain the relationship between shareholders - the board of directors - and the CEO of a company.

3. Someone comes into your office and is interested in Estate planning - what are their options? Please discuss what Wills and Trusts can provide.

Reference no: EM133303625

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