Explain why Acme Fireworks should not operate as a sole proprietorship. Recommend a new business entity, and provide rationale to support your recommendation.
• Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC), and explain why. • Analyze whether the owner formed a contract with the businesses, and apply the five essential elements of an enforceable contract. • Explain the potential personal liability to Acme Fireworks if a […]