Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 14, 15, and 16; Week 2 Electronic Reserve Readings; Business Entities Assignment
Scenario: You are a sole proprietor presenting to a group of investors, seeking 20 million dollars to raise capital for your solar panel manufacturing and installation company, Solar Co.
Prepare a 7- to 10-slide Microsoft® PowerPoint®, Microsoft® Sway®, or Prezi® presentation with speaker notes for your potential investors, and address the following items:
Choose one type of business entity that you plan to use for Solar Co., and explain why you would choose this type of entity rather than the others. What risks and issues specific to this industry and Solar Co.’s business influenced your decision?
Assume that at least one investor will question whether Solar Co. should be organized as a corporation. Summarize, for the investors, what legal liabilities could arise for the directors or officers of that corporation. How could those liabilities for the directors and officers be minimized?
1. You need to make sure you are using your speaker notes to include additional information. Imagine that you are presenting the slideshow to an audience, you would verbally include much more information than what it on the slides. You want to make sure all of this other information is captured in the Speaker Notes.
2. It is critical that you include citations and references for this assignment. I don’t care if you put the citations in the slide itself or in the slide notes, but you need to make sure you are including them.
3. For the Liability Question (the 2nd bullet point), you need to make sure you are looking at liability as it relates to Officers and Directors of a Corporation, not just liability to the company in general. This also applies to the strategies to minimize the liability, find strategies that apply to Officer/Director liability, not just general liability to the company.