- Due Tuesday by 11:59pm
- Points 25
- Submitting a text entry box
- Available after Sep 8 at 12am
Hi Students,
For this written assignment, 1) please briefly identify an idea for a future business. Once you have identified the scope of the business enterprise, please 2) identify the various forms of entities that in which a business can operate in California. In your identification, 3) briefly identify the pros and cons for each potential business entity as they pertain to your business idea. Then, 4) state which entity you have chosen for your business idea and, in detail, 5) explain why you chose this particular entity form for your business.
As always, please provide references to the textbook as a source of law to support your answers. At least one reference is required. However, typically, the more references the higher the grade.
To summarize the instructions:
1) Briefly identify an idea for a future business.
2) identify the various forms of entities that in which a business can operate in CA.
3) In your identification, briefly identify the pros and cons for each potential business entity as they pertain to your business idea.
4) State which business entity you have chosen for your business idea.
5) Explain why you chose this particular entity for your business.
As always, please feel free to reach out if you have any questions regarding this assignment.
Best,
Prof. Hafner
Rubric
Forming Your Company
| Criteria | Ratings | Pts |
|---|---|---|
This criterion is linked to a Learning OutcomeBriefly identify an idea for a future business. | 1 ptsFull Marks0 ptsNo Marks | 1 pts |
This criterion is linked to a Learning OutcomeIdentify the various forms of business entities in CA. | 6 ptsIdentified 6 out of 65 ptsIdentified 5 out of 6 4 ptsIdentified 4 out of 63 ptsIdentified 3 out of 62 ptsIdentified 2 out of 61 ptsIdentified 1 out of 60 ptsNo Marks | 6 pts |
This criterion is linked to a Learning OutcomeBriefly identify the pros and cons for each potential business entity as they pertain to your business idea. | 5 ptsFull MarksProvided in-depth detail of pros & cons for each business entity that includes references to the textbook4 ptsExcellentIdentifies pros & cons but would improve w/ additional details 3 ptsGreatNeeds further development2 ptsNeeds ImprovementEither needs improvement in identifying and / or lacks detail necessary to show competency | 5 pts |
This criterion is linked to a Learning OutcomeState which business entity you have chosen | 1 ptsFull Marks0 ptsNo Marks | 1 pts |
This criterion is linked to a Learning OutcomeExplain why you chose this particular entity | 5 ptsFull MarksExemplary assessment that includes references to the textbook4 ptsExcellentExcellent assessment but would benefit from additional detail 3 ptsGreatAdequate assessment but needs further development2 ptsNeeds ImprovementAssessment lacks detail necessary to demonstrate competency0 ptsNo Marks | 5 pts |
This criterion is linked to a Learning OutcomeReferences to textbookAt least one textbook reference required. | 7 ptsFull MarksMore than 1 reference to the textbook provided6 ptsExcellent1 reference to the textbook 0 ptsNo textbook references | 7 pts |
Total Points: 25