2.
1.
The Downing family has owned and operated a discount furniture and home decor business
for four generations. As the younger third and fourth generations are preparing to assume
greater responsibility, they are discussing changing the ownership structure of the business to
either an S corporation or a limited liability company (LLC) to better serve the needs of the
families and reduce liabilities. Which business structure would serve the family best? What are
some influential factors to consider? Provide reasons to substantiate your choice.
Medical staff at a small local clinic are exploring key legal considerations and responsibilities
related to protecting patients from the spread of viruses. Describe and explain key factors a
company would need to consider in relation to business protection, employees, and insurance
in the face of a global pandemic.
3. Choose a business industry you are familiar with and visit your town's municipal site regarding
business licenses. What type of license would be required for that business? How about.
permits or inspections? Describe the business you chose and include the information you
discovered about relevant required licenses, permits, or inspections.
4. Alicia is a local personal trainer and owns a fitness studio. She has invested significant time,
money, and effort into building her studio's reputation-as well as her own-in the community.
Alicia starts hearing rumors of an owner of a larger fitness center posting derogatory
comments about her online. Which tort law is the fitness center owner violating? Describe the
law and give two examples of comments that could have been posted.
5. You and your team have developed an amazing new device to help people with arthritis fasten
their own necklaces and put on other jewelry without assistance. As a business owner, you
know you should take the right steps to protect your intellectual property. Which law would
apply in this case? Explain which law is relevant and how to apply for the appropriate
intellectual property protection