LAW 421 Week 5 Business Creation and Succession Planning

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 LAW 421 Week 5 Business Creation and Succession Planning

Learning Teams should complete all three parts of this assignment.

Part 1: 

Select a business entity that can be transferred by the owners and in a minimum of 525 words address the following:




Explain why the entity was chosen by the team and how the entity choice supports the overall vision for the business.


Outline the role (officer or director) each team member will play in the business, their responsibilities, and why they were selected for the particular role.


Part 2:

Draft a disciplinary policy for the company. Using at least 350 words, identify employee discrimination risks and analyze how the disciplinary policy will help to mitigate those risks.

Part 3:

Draft a succession plan for the business using at least 350 words. Each team member should have some ownership interest in the business.

Cite a minimum of 3 scholarly sources.

Format Part 1 of the assignment consistent with APA guidelines. Format Part 2 of the assignment like a company policy. Format Part 3 of the assignment like a contract.  Search the Internet for examples.

Click the Assignment Files tab to submit your assignment as a Microsoft® Word document.