Purple Hills Wines and Eatery LLC Business Project

User Generated

fnng123

Writing

Description

Open the attachment and answer all of the questions. Please do your best to PROOF read your work and do NOT "cut and paste" anything from other sources. WRITE it in your own words.

Unformatted Attachment Preview

Create a Business DIRECTIONS: ON A SEPEARATE PIECE OF PAPER – USING WORD OR DOCX – TYPE THE ANSWERS TO THE FOLLOWING QUESTIONS USING THE SAME NUMBERS I’VE PROVIDED. YOU DO NOT NEED TO INCLUDE THE QUESTION. Orientation: You are the owners and managers of a popular café-wine-bakery-eatery located in historic downtown Flagstaff, Arizona. The restaurant serves homemade breads and pastries, sandwiches, salads, fresh coffee beverages and has a large selection of expensive wines. You have the responsibility of running the restaurant and need to be aware of various legal and ethical issues that might interfere with your success. You should use your textbook to find the answers to these questions. If you cannot find the answer in the textbook, you may use the internet as a source. 1. Choose a NAME for your restaurant. What is it? 2. What are the steps should you take to insure the name is available for the taking? 3. How would go about protecting your restaurant’s name? (hint: Check Chapter 8) 4. Under what form of business will your restaurant be operating (sole proprietorship, partnership, LLC, Franchise or Corporation)? 5. Why did you choose this form of business? What are three advantages and three disadvantages to the form of business that you chose. Explain and use the textbook. FACT PATTERN: Last year one of your competitors (restaurant) sponsored a “4 on the 4th” event – where patrons of that restaurant were given a really good deal if they ordered (and consumed) 4 bottles of wine with dinner. That restaurant made a LOT of money on the event and you are considering doing something similar. 6. What are three risks (legal) to putting on an event like this? MORE FACTS: Assume your restaurant decided to host a “4 on the 4th” type of event. If a customer, Chris, participated in this event, ordered and consumed 4 bottles of wine and then staggered towards the door to leave the restaurant. Bobby, the bus boy noticed the customer stumbling out. Bobby, with a cell phone in his hand, ran after the patron who had already gotten into his car. Craig sees Bobby chasing after him (and thinks the cell phone is a gun) and tries to speed out of the parking lot to get away. As he is speeding away, Chris drove over a person in the parking lot and seriously injured them. 7. Crimes: What crime, if any, was committed by Bobby? What crime, if any, has been committed by Chris? Explain your answer. 8. Torts: What tort, if any, was committed by Bobby? What tort, if any was committed by Chris? Explain your answer. 9. Liability: Do you believe the restaurant will have to pay for this accident (to the victim)? In other words, can the person that was run over sue the restaurant for negligence? Please explain your answer using the LAW and elements of negligence (Duty, Breach, Causation and Harm). (Hint: Was the employee/agent responsible for the accident? Does an employer/principal have liability for its employee/agent’s torts?... if so when?) Before you begin - look up A.R.S. 4-311 for help with your answer. This is the law for shop owners regarding allow a patron to consume alcohol to excess. Dram Shop Law - A.R.S. 4-311
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: CREATING A BUSINESS

Creating a Business
Student’s Name
Institutional Affiliation

1

CREATING A BUSINESS

2
Creating a Business

Question #1
Purple Hills Wines and Eatery
Question #2
Since the state of Arizona now allows online name search and securing of the desired name (if
it’s not already taken), the name “Purple Hills Wines and Eatery” will be searched through the
website (https://apps.azsos.gov/apps/tntp/index.html). A fee of $45 will be paid for the
reservation of the business name online.
Question #3
To secure the name and make sure that no one else can use it, a registration of $10/$15 will be
paid to the office of the Secretary of State to trademark the trade name. This will prevent anyone
else under this jurisdiction to use that name for their business. This is a good precautionary
measure since it protects the uniqueness of a business and shields it from opportunistic
individuals who would want to register the name as their own and take advantage of the
popularity that the previous business owner had gained so far. If in future the organization
decides to change the business name to adjust to any changes in the strategic objectives, a new
form will have to be filed to capture these changes. This form is also available through the state’s
online portal and will be accessed at a fee (depending on what the state will be charging at that
time). Moreover, if the business grows and expands to other states, it may become necessary to
work with an attorney for better legal counsel since interstate commerce is sophisticated.
Question #4
The business will operate as an LLC (Limited Liability Corporation).
Question #5
An LLC has many advantages over most of the other business forms that could have been
used for this business. First, an LLC enjoys limited liability. This means that in the event of debts
or other obl...


Anonymous
Awesome! Perfect study aid.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags