Why would an entity form a partnership over the other available business entity forms?

Textbook

THE LEGAL ENVIRONMENT TODAY 7th edition

BUSINESS IN ITS ETHICS, REGULATORY, E-COMMERCE, AND GLOBAL SETTING

ISBN 9781111530617

Author: Roger LeRoy Miller & Frank B. Cross

 

These are the questions to be answer from the textbook.

 

Chapter 14

Questions and case problem beginning on page 432

14-1

14-3

14-10

 

Chapter 15

Questions and case problems beginning on page 470

15-1

15-4

 

Chapter 16

 Questions and case problems beginning on page 496

16-1

16-3

16-6

 

Chapter 17

Questions and case problems beginning on page 530

17-1

17-4

 

Please find attached pages of the texbook about the questions / case problem. You can also google or chegg as a guide or find the book. Please list references (textbook and other refer

 

 

Part 2 – Discussion

 

1. Why would an entity form a partnership over the other available business entity forms?

2. If you decided to incorporate a business that you owned and you were a majority shareholder in the entity, how would you make sure that you would not have the corporate entity commit an ultra vires act?

3. Is there an incentive for entities to attempt to have as many of their workers classified as “independent contractors”? Elaborate.

4. The FLSA clearly states that 40 hours per week is considered full time employment and as such employers are generally required to provide benefits to employees who meet the standards of the FLSA. In your opinion, if you were in a leadership role at an entity and were in a fiscally responsible position, will Obamacare affect the number of hours that hourly workers get at their respective jobs? Elaborate.