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CASE STUDIES 1, 2, AND 3 Contents

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Final Submission CASE STUDIES 1, 2, AND 3 Final Submission CASE STUDIES 1, 2, AND 3 Contents CASE STUDY 1 1 Types of business entities 1 Product liability 1 Agency relationship 2 Potential real property issues 2 Manufacture 2 Potential personal property issues and liability issues 3 Estate planning issues and Transfer ownership 3 CASE STUDY 2 3 As against Don 3 Church 4 Civil Claims 4 Bankruptcy 4 Implication of bankruptcy on business asset 5 Implications of bankruptcy on personal assets 5 Infringement

CASE STUDIES 1, 2, AND 3 Contents

   Added on 2019-09-18

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FINAL SUBMISSIONCASE STUDIES 1, 2, AND 3
CASE STUDIES 1, 2, AND 3 Contents_1
ContentsCASE STUDY 1........................................................................................................................................................1Types of business entities...............................................................................................................................................1Product liability...............................................................................................................................................................1Agency relationship........................................................................................................................................................2Potential real property issues..........................................................................................................................................2Manufacture....................................................................................................................................................................2Potential personal property issues and liability issues....................................................................................................3Estate planning issues and Transfer ownership..............................................................................................................3CASE STUDY 2........................................................................................................................................................3As against Don................................................................................................................................................................3Church.............................................................................................................................................................................4Civil Claims....................................................................................................................................................................4Bankruptcy......................................................................................................................................................................4Implication of bankruptcy on business asset..................................................................................................................5Implications of bankruptcy on personal assets...............................................................................................................5Infringement of Patent....................................................................................................................................................5CASE STUDY 3........................................................................................................................................................5IPO..................................................................................................................................................................................5Determination.................................................................................................................................................................7Recommendations...........................................................................................................................................................7References.......................................................................................................................................................................9
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CASE STUDY 1Types of business entities Sole Proprietorship, Partnership, and Corporation is the primary business elements. As the name recommends the Sole Proprietorship is the place where there is a solitary proprietor at risk for allthe business choices and have the sole appropriate to the property, then again, Partnership is between at least two people, and is by and large separated into two classes and they are General Partnership and Limited Partnership. General Partnership is one where at least two accomplices have the obligation to share the administration and is by and by at risk for every one of the obligations, be that as it may, in Limited Partnerships the accomplices are just constrained to the sum they contributed towards the capital and in this sort of organization one accomplice isn't engaged with the day by day exercises and alternate accomplices acts like the general accomplices. The third fundamental business element is, where a different lawful element is shaped and the financial specialists purchases the stocks and the board deals with the business.Product liability Product liability makes the vender or the producer of the item, being held at risk for generation of the inadequate items under the control of the buyers. In this way, the producer is basically in charge of any imperfections with regards to the item. In here, the item Fred's Miracle Cough Syrup have extreme responses if brought with the headache medicine, so this item does not meet the desires of the purchaser[ CITATION Wil16 \l 1033 ]. Agency relationship Agency is the trustee connection between the key and the specialist. Sam is as of now helping Fred in doing the conveyances, so there is a connection, since when Sam is conveying the item to
CASE STUDIES 1, 2, AND 3 Contents_3
the clients i.e. the outsider, he is really going about as an operator to Fred's item, and this relationship won't be destroyed if any of the business elements beforehand examined is opted for[ CITATION Cla09 \l 1033 ].Potential real property issues As the landed property is in the family cultivate, so it can be comprehended that it is in the edgesand furthermore it is fixing up to that specific place and the long-separate from the standard city is the snag which needs consideration.Manufacture In [ CITATION BOO87 \l 1033 ], the Court held that at the point when a proprietor acquires from the land, at that point that privilege is a theoretical right and can't be made for move in the Court of law, yet the results of the land can be the conceivable game-plan if the rights gets encroached there, so in this viewpoint, Fred is fabricating the item to sell and not for individual utilize, so the make of Fred's Miracle Cough Syrup on the family cultivate requires a formal exchange of possession or possessory rights.
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