Critical Legal Thinking, N.A. v. Barr A+

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Document Description

Read the call-of-the-question carefully, and follow the instructions for each subject. Prepare four briefing papers using the APA format for research papers, and upload them as one document for your response.



Briefing Paper 1: Critical Legal Thinking



Instructions:



Read Bank of America, N. A. v. Barr in your Cheeseman textbook on pages 293-294.

Respond to the three Case Questions found in the Cheeseman textbook on page 294.

Assume your readers know the facts of the case as articulated in the Critical Legal Thinking, Ethics, and Contemporary Business questions. Argue both sides of all issues.



Briefing Paper 2: Law Case with Answers



Instructions:



Read Creative Resource Management, Inc. v. Soskin in your Cheeseman textbook on page 324.

Assume your readers know the facts and are only seeking your opinions on the effects of Mr. Soskin�s signature and the other facts could make him personally liable for the debt of the LLC. Argue both sides

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Critical Legal Thinking, N.A. v. BarrThe notion of sole proprietorship relates specifically to any business entitywhich is owned and managed by a single individual, with no legal distinctionseparating the owner and the business. While the owner will therefore receive allprofits, in accordance with their tax status and consideration, they will also bedefined as having unlimited responsibility for all losses and debts that may beincurred. The designated business name or trade name can be different from theowners legal name but irrespective of the names utilized the proprietor will own allbusiness assets as well as all business debts.Based on the facts of the case it would appear that Barr did not act ethicallywith regards to the issue of the Stone Scones debts to Bank of America. Thechange of company structure and ownership was effectively immaterial in terms ofthe responsibility for debts as these were taken out and agreed when theorganization was implemented as a sole proprietorship.Sole proprietors are held personally liable for the debts of their business dueto the way in which sole proprietorships are legally defined. In legal and contractualterms, as in t
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