Writing Assignment #3
Thoroughly review the LEGL210 Case. Please answer the following questions in essay
format. Please respond to each question completely and accurately. Your essay will be
judged on your ability to spot the relevant issues and capacity to present strong,
analytical and logical discussions that support your conclusions.
1. Discuss MPC’s three different options for restructuring the company as described
in the case (general partnership, limited liability company, and corporation).
Which business structure would best meet Reign and Sunny’s needs and why?
(10 points)
2. Explain the advantages and disadvantages of your chosen business structure.
(10 points)
3. What steps must be taken legally to ensure proper formation (creation?) (10
points)
4. Describe who has ultimate control over important decisions as well as day-to-day
operations for your chosen business structure. (10 points)
5. Describe how your chosen business structure will protect Reign and Sunny’s
personal assets. (10 points)
6. Discuss how the profits will be distributed and how taxation will occur. (10 points)
7. Describe the legal steps involved in the dissolution (or “winding up”) process for
your chosen business structure. (10 points)
The assignment should be presented in APA format and be a minimum of 500 words (2
pages or more), pages to be double-spaced, typed in 12-point font. You MUST provide
a header for each question, use bullet points, or numbers for each response to ensure
your paper is well-organized. You must cite, in proper APA format, at least 3 sources,
one of which can be your textbook for this class (worth 10 points). Be sure to thoroughly
proofread your paper prior to submission to ensure that your work is professionally
communicated (10 points).
The point allocation and grading parameters are outlined in the grading rubric for this
activity. Please download and print a copy of the grading rubric to use as a reference.
Thoroughly review the LEGL210 Case. Please answer the following questions in essay
format. Please respond to each question completely and accurately. Your essay will be
judged on your ability to spot the relevant issues and capacity to present strong,
analytical and logical discussions that support your conclusions.
1. Discuss MPC’s three different options for restructuring the company as described
in the case (general partnership, limited liability company, and corporation).
Which business structure would best meet Reign and Sunny’s needs and why?
(10 points)
2. Explain the advantages and disadvantages of your chosen business structure.
(10 points)
3. What steps must be taken legally to ensure proper formation (creation?) (10
points)
4. Describe who has ultimate control over important decisions as well as day-to-day
operations for your chosen business structure. (10 points)
5. Describe how your chosen business structure will protect Reign and Sunny’s
personal assets. (10 points)
6. Discuss how the profits will be distributed and how taxation will occur. (10 points)
7. Describe the legal steps involved in the dissolution (or “winding up”) process for
your chosen business structure. (10 points)
The assignment should be presented in APA format and be a minimum of 500 words (2
pages or more), pages to be double-spaced, typed in 12-point font. You MUST provide
a header for each question, use bullet points, or numbers for each response to ensure
your paper is well-organized. You must cite, in proper APA format, at least 3 sources,
one of which can be your textbook for this class (worth 10 points). Be sure to thoroughly
proofread your paper prior to submission to ensure that your work is professionally
communicated (10 points).
The point allocation and grading parameters are outlined in the grading rubric for this
activity. Please download and print a copy of the grading rubric to use as a reference.
