Overview
For your final project, you will select an existing business—or one you hope to start in the future—and conduct a legal analysis based on the topics covered in this course. Your goal is to examine how the legal environment impacts the business and to recommend strategies for minimizing legal risks. This project is an opportunity to apply course concepts to real-world business scenarios that interest you.
Project Requirements
You will submit a written report (5–7 pages, double-spaced, at least 1,250 words) plus a Works Cited page in APA or MLA format. The report must demonstrate your understanding of key legal topics as they apply to your chosen business. To receive full credit your report must include the following 8 sections.
Required Sections
1. Introduction
Describe the business (real or hypothetical), including its legal structure (e.g., LLC, corporation), industry, products/services, and target market.
Explain your reason for choosing this business.
2. Sources of Law
Identify which sources of law (statutory, administrative, common law, constitutional, etc.) are most relevant to your business.
Provide specific examples such as federal statutes, state laws, or local ordinances.
3. Dispute Resolution & Court System
Discuss the types of legal disputes your business might encounter.
Explain how these disputes could be resolved (e.g., mediation, arbitration, litigation) and identify the appropriate court system (state or federal).
4. Torts and Liability
Identify one potential intentional tort, one negligence issue, and one strict liability risk your business may face.
Describe how the business can manage these risks through strategies such as training, insurance, or internal policies.
5. Contracts
Discuss a key contract used in your business (e.g., with customers, employees, vendors).
Address the contract's formation, performance, potential breach, and remedies.
If applicable, include relevant rules under UCC Article 2 (sale of goods).
6. Business Structure and Governance
Analyze the legal structure of the business (sole proprietorship, LLC, corporation, etc.).
Explain the legal requirements, management roles, liability implications, and tax treatment for that structure.
7. Legal Risk and Compliance
Identify at least three legal risks the business could face.
Propose strategies to reduce risk and ensure compliance with relevant laws and regulations
8. Works Cited
Identify at least 3 citations. If you use AI it only be cited and does not count towards 1 of your 3 citations.
Utilize either APA or MLA Format