Spring 2020 Business Entity Presentation
-Create a hypothetical business entity. Create a slide deck describing your entity, addressing all of the points included in the grading rubric, and present your entity live during our final exam period.
-Be creative, and have fun with this assignment. This is a cumulative assignment, drawing from all of the units we discussed this semester. The rubric includes references to the chapters in which you will find the relevant information. Use your class notes–they should be very helpful for this assignment.
Spring 2020 Business Entity Presentation
-Create a hypothetical business entity. Create a slide deck describing your entity, addressing all of the points included in the grading rubric, and present your entity live during our final exam period.
-Be creative, and have fun with this assignment. This is a cumulative assignment, drawing from all of the units we discussed this semester. The rubric includes references to the chapters in which you will find the relevant information. Use your class notes–they should be very helpful for this assignment.
Presentation Format
Points
Points Possible
Overall Presentation
Notes
20
Preparation, format visually appealing, accuracy, source identification, slide deck uploaded to Bb at least 30 minutes prior to presentation start time, and duration (3 minute minimum)
Presentation Content
Points
Points Possible
Required Content
Notes
Chapter(s)
30
Slide 1: Background.
Entity name, description, purpose, profit vs. non-profit, ownership (private vs publicly held), form (LLC, Corp., GP, etc…), size, location(s), and headquarters, with justification for each decision
How will you fund your business? You may choose multiple funding sources. Explain why you chose the funding sources that you selected, and why you chose not to pursue other funding options.
36-39
10
Slide 2: Jurisdiction.
Identify location(s) where your company will be subject to: a) general personal jurisdiction; and b) specific personal jurisdiction and explain why for each.
2
20
Slide 3: Dispute Resolution.
Does the entity control dispute resolution with its customers or third parties with whom it does business? If yes, how? (ex: litigation, mediation, negotiation, arbitration, choice of law, venue) If no, how could it control and what selections would benefit it and why? Be specific.
2
20
Slide 4: Primary Sources of Law.
Identify three administrative agencies (federal or state), statutes (federal or state), or ordinances that pertain to your company, and explain why. For example, industry specific provisions of the constitution, local laws, state laws, federal laws, state administrative rules and regulations, federal administrative rules and regulations, etc.
Do not identify federal employment laws in this section. Do not identify general categories of law. Be very specific.
1, 4, 43
20
Slide 5: Intellectual Property.
What types of IP does the entity own? How is the IP protected? Is the IP licensed? Issues with infringement or dilution? Who creates the IP? How will you secure ownership of IP created by employees or independent contractors?
What domain names will you purchase? How will you address competitors that have similar domain names? What key words will you attach to your site for search engine results?
8, 9, 32
20
Slide 6: Corporate Social Responsibility
What is your company’s stance on corporate social responsibility? Do you have defined policies and procedures to promote ethical practices? How does the leadership of your organization demonstrate and promote ethical practices? How do you work through conflicts between your ethical priorities and your financial goals? How do you prevent the organizations’ various departments from being siloed (e.g. how do you promote inter-company communication in decision-making).
5
20
Slide 7: Contracts.
What types of contracts is the entity a party to? With what types of parties does the company have contracts? Give at least three examples, and for each: a) state whether the contract is governed or not governed by the statute of frauds. Explain why or why not; and b) identify actual or potential performance/breach of contract or enforceability concerns for the contract.
11-19
30
Slide 8: Employment
Is the labor force comprised of employees or independent contractors? Benefits and detriments of classification?
For each federal law listed below explain whether the entity is required to comply with it and explain why or why not.
· Payroll Tax for Social Security and Medicare: Federal Insurance Contributions Act (FICA) (1935), Social Security Act (SSA) (1936)
· Min Wage, Overtime: Fair Labor Standards Act (FLSA) (1938)
· Payroll Tax for Unemployment: Federal Unemployment Tax Act (FUTA) (1939) and state laws
· Workplace Safety: Occupational Safety and Health Act (OSHA) (1970)
· Employer Sponsored Retirement and Health Plans: Employee Retirement Income Security Act (ERISA) (1974) & amendments, Health Insurance Portability and Accountability Act (HIPAA)
· Temp Leave of Absence: Family and Medical Leave Act (FMLA) (1993)
· Required Health Insurance: Patient Protection and Affordable Care Act aka ObamaCare (2010)
What are your hiring practices? Do you use Artificial Intelligence tools to save time making hiring and promotion decisions? How will you address internal complaints of discrimination (especially sexual harassment, and hostile workplace issues)? How will you address a legal claim of discrimination on the basis of a protected class?
How will you address your employees’ and agents’ use of social media as it relates to your company?
9, 32, 34, 35
10
Slide 10: Torts and Crimes.
Identify three actual or potential torts/crimes that the entity is or could be liable for. Identify policies or decisions implemented or that could be implemented to minimize corporate liability for torts and crimes.
10, 6, 7
200
TOTAL