Draft a basic contract, Draft a basic contract in paragraph

Draft a basic contract

Assignment Help Business Law and Ethics

Reference no: EM132006673 , Length: word count:700

Discussion Assignment -

Discussion 1 - Draft Contract

Please post in this forum as follows:

In Chapter 20 Business Organizations you picked a Company Name and explained the Business of your choice (Given Below). Please do the following:

1. Draft a basic contract in paragraph form including any information you believe should be included. This will encompass all of this weeks chapters.

2. After you draft the contract, explain why you included certain parts - be certain to support your work.

Choice of business: Development of goods selling companies are easy in management and it also helps in obtaining more profitability than the service providers companies (Jones et al. 2016, p.300). Therefore, I want to start a cosmetics products selling the business, named DIVINE DIANA. In the case of business type, I prefer sole partnership business as it provides the opportunity of controlling the entire business. Cooper et al. (2016, p.120) opined that sole proprietorship business is extremely easy to form. Beside this, it also allows me to be more creative and innovative. Moreover, I can even dissolve my business in case of any loss or other issues.

Cooper, M., McClelland, J., Pearce, J., Prisinzano, R., Sullivan, J., Yagan, D., Zidar, O. and Zwick, E., (2016). Business in the United States: Who Owns It, and How Much Tax Do They Pay?. Tax Policy and the Economy, 30(1), pp.91-128.

Jones, P., Simmons, G., Packham, G., Beynon-Davies, P. and Pickernell, D., (2014). An exploration of the attitudes and strategic responses of sole-proprietor micro-enterprises in adopting information and communication technology. International Small Business Journal, 32(3), pp.285-306.

Discussion 2 - Ring

Who keeps the Engagement Ring?

The Facts:

Alex ("A") proposes marriage to Barbara ("B")
B accepts
A gives B an engagement ring
After 6 months A and B get tired of each other
The engagement is broken off

Question: Who keeps the ring? Make certain to explain and use cites.

Textbook - ESSENTIALS OF BUSINESS LAW, Ninth Edition by Anthony L. Liuzzo.

Reference no: EM132006673

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len2006673

6/4/2018 3:40:01 AM

Total Words: 700 - There are 2 discussions you need to post. Discussion 1 : Post 1 discussions in 300 words, then I will send you 2 posts of other students, and you need to reply to 100 words each for all 2 of the discussion and Discussion 2 : Post 1 discussions in 100 words, then I will send you 2 posts of other students, and you need to reply to 50 words each for all 2 of the discussion.

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