Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Unit 1 assignment_16...
I feel the above photo is quite captivating this is because of how the dog seems to be so much friendly with the disabled boy. You can see there is quite a strong bond between the boy and dog. The two...

Unit 1 Assignment
Unit 1 Assignment

I feel the above photo is quite captivating this i

Forum 6_Critical thi...
The false cause fallacy case that has been chosen here is the following – https://www.youtube.com/watch?v=u5xrr4RyqaE The case is that a person called Ernie is shown in the video holding a banana in h...

Forum 6_Critical thinking philosophy
Forum 6_Critical thinking philosophy

The false cause fallacy case that has been chosen

Week 11 Weekly Post-...
Victims of hate crimes can develop symptoms of extreme levels of mental and physical stress. This is because there can be chances of trying to escape the reality and become intoxicated to forget their...

Week 11 Weekly Post-2
Week 11 Weekly Post-2

Victims of hate crimes can develop symptoms of ext

Discussion (Week 2)

Discussion (Week 2)

Q https://www.youtube.com/watch?v=A-Up-JUkaj0 What is the best legal form of business. Watch the above video and read the lectures notes. Pay attention to the pros and cons of each legal form of business. Based on your readings, what legal entities that you would recommend for the following people. Explain why: 1. John has a new invention and is heading to the shark tank to woo investors 2. Kate is a college student who does graphic design on the side 3. Anna, a full-time nurse, want to partner with her friend from Italy (will be visiting the US for the first time in two weeks) to start an Italian restaurant

View Related Questions

Solution Preview

View Complete Solution
In case of John, I would recommend a sole proprietorship because there is great risk in inventing something new. If the risk of inventing something new is shared with another individual or a group of individuals, the consequences for John will be higher. This is because John would have to suffer more consequences like being responsible for the losses of other individuals apart from his persona loss. If there would be profits earned by John after launching the new invention, it would be wise to save the profits on his own rather than sharing the profits.