Essay Help | Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC), and explain why.

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Review the assignment instructions for the Final Paper in Week Five. Submit an outline for your Final Paper that includes the following:

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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. | PLACE YOUR ORDER NOW AT writtask.com |
Provide a references page for the sources used in the Final Paper (the Final Paper has a minimum requirement of five scholarly sources).
State the complete bibliographic citation for the scholarly source following APA guidelines
You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display fireworks, and large aerial display fireworks. The company started in the owner’s garage two years ago and now has 15 employees that 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.

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The owner has asked you to do the following:

Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC), and explain why.
Analyze whether the owner formed a contract with the businesses, and apply the five essential elements of an enforceable contract.

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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, and analyze the advantages and disadvantages of each type specific to Acme Fireworks. | PLACE YOUR ORDER NOW AT writtask.com |
Explain why Acme Fireworks should not operate as a sole proprietorship. Recommend a new business entity, and provide rationale to support your recommendation.
For each task, be sure to analyze the relevant law, apply the facts to the law, and make a conclusion.

MODEL ANSWER

Acme Fireworks operates as a sole trade form of business and it has gained trust of several large businesses. The new customers make requests if the company could engage in creating firework displays on | PLACE YOUR ORDER NOW AT writtask.com | the requirements of an enforceable contract, an evaluation is fundamental to determine if the company can meet the demand and the resulting consequences if they | PLACE YOUR ORDER NOW AT writtask.com | to assess the verbal agreement made by the two | PLACE YOUR ORDER NOW AT writtask.com | to determine if all elements of a contract are met. Besides, the increasing customer | PLACE YOUR ORDER NOW AT writtask.com | may require the owner to consider changing the entity to a limited company in order minimize | PLACE YOUR ORDER NOW AT writtask.com | will be wise to increase the number | PLACE YOUR ORDER NOW AT writtask.com | employees to handle the increased workload as well as embrace diversity within the organization. 

Common Law

The contracts made between the customers and Acme fireworks are feasible and common law will be applied to ensure | PLACE YOUR ORDER NOW AT writtask.com | of law emphasizes on making rulings based on prior court decisions. Therefore, the Uniform Commercial Code that evolved from common law may not be suitable in this case because it primarily governs commercial | PLACE YOUR ORDER NOW AT writtask.com | where goods under consideration are | PLACE YOUR ORDER NOW AT writtask.com | aim to unify and ease | PLACE YOUR ORDER NOW AT writtask.com | transactions beyond one state and focus at solving problems affecting interstate businesses to remove trade barriers and | PLACE YOUR ORDER NOW AT writtask.com | goods in question are the large display fireworks that the company intends to offer on | PLACE YOUR ORDER NOW AT writtask.com | on fixing firework displays, which may be immovable | PLACE YOUR ORDER NOW AT writtask.com | are usually governed by common law. The courts of law define such contracts as hybrid contracts because they involve both goods and…

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