Bus 311 Ashford University Week 3 Sole Proprietorships Business Entity Thesis Paper

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BUS 311

ashford university

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Week 3 - Assignment

Final Paper Proposal

For detailed information regarding outlines, introductions, thesis statements, and an APA references list, visit the Ashford Writing Center.

Review the assignment instructions for the Final Paper in Week Five. Submit an outline for your Final Paper that includes the following:

  • Develop an introduction with a thesis statement for the Final Paper.
  • Create an outline of the major headings with a two- to three-sentence description of what you will discuss under each heading.
  • Provide a references page for the sources used in the Final Paper (the Final Paper has a minimum requirement of five scholarly sources).
    • State the complete bibliographic citation for the scholarly source following APA guidelines

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Running head: FINAL PAPER PROPOSAL OUTLINE

Final Paper Proposal: Law of Contracts and Agency Law

Name
Institution

1

FINAL PAPER PROPOSAL OUTLINE

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Sole Proprietorships are lawful entities that can transact business as provided by
American laws since there are provisions for their formation and those that guide their
transactions (University of Richmond). The Law of Contracts and Agency Law are vital
legislations that safeguard business agreements and relations between managers and subordinates
respectively. The Law of Contracts sees to it that formation, interpretation, and remedy of
contracts id done lawfully (T. Muris, 1980) while Agency Law sees to it that construction and
management of agency relationships are lawful and respectful (Hill and Jones, 1993). Even in
sole proprietorships, a business still owes the customers a duty of care to avert negligence
(Eisenberg, 1989). Moreover, Company Law allows for many formations for the existence of
companies beyond sole proprietorship (Brian Cheffins, 1997).
Determine if the contracts with the businesses will be governed by common law or the
Uniform Commercial Code (UCC), and explain why.
The Common Law on Law of Contracts would apply despite most of the transactions being in
commercial nature and can, therefore, the contracts should be addressed in a way that would not
contradict American laws. Due to the nature of the agreement, variables like display orders and
price per display would yield to elements of a contract thereby g...


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