Business Law Questions

Read each question carefully and answer the question asked. Include your reasoning and application of course materials to these factual scenarios/application questions. Be clear and keep the answers Short to the point.

1. Lewis is torn between forming a limited partnership or a limited liability partnership. Compare and contrast the two to help Lewis reach a decision.
2. If you were to create your own business, how would you structure its organization (ie what form would you take)? What are the advantages and disadvantages of our choice?
3. Why does the law permit shareholders to avoid personal liability for the debts of the corporation they own?
4. Why is Delaware such an attractive state to incorporate one’s business?
5. In what ways do administrative agencies combine legislative, judicial, and executive functions?
6. Should administrative agencies be their own branch of government? Why or why not?
7. Joshua executed a will that left the bulk of his estate to Holy Mary Methodist Church. One member of the church (Calvin) and Joshua’s attorney’s Jackie N. were witnesses. Another member of the church, Seth, was also the notary.  Is this will valid?  Why or why not?
8. Should the Fourth Amendment’s protections against unreasonable searches and seizures apply to businesses? Why or why not?
9. Alfred is about to enter into the hospital. He knows nothing about health care directives.  What would you tell him the pros and cons of health care directives are?

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