Leagal Aspect

Part 1: Write a legal opinion including a minimum of 4 outside sources responding to the following:

What is the best form of business organization for my real estate business? Please review all major forms of organizations and explain when they might be the right forms for my business. Discuss the legal compliance steps and general governance / investor relation rules for each form.

Part 2: Write a legal opinion including a minimum of 4 outside sources responding to the following:

A printing business in town stopped paying bills to a local ink distributor. The manager of the printing business called to ask for extension, explaining that they were going through a cash crunch. The manager of distributorship insisted on an immediate payment before continuing to do business. Printer said that he would have to go elsewhere for his supplies.

Distributor drafted a letter to all of the other distributors in town informing them that Printer is no longer able to pay his bills and that therefore they should not do business with them. As a result, Printer cannot continue his operations and declares bankruptcy.

Does the Printer have recourse against Distributor? If so, what kind and why does that legal theory apply? (Make sure to apply legal theories, elements, factors, etc. from this week to the facts of this case.)

Would the situation be any different if non-payment was simply reported to a credit reporting agency? Why or why not?

 

3 to 4 pages