Bus670 week 1 discussions and assignment – legal environment

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Disc 1

Constitutional and Legal Underpinnings of Business Law

Review the Constitution in Appendix A and  choose one of the following 
sections of the U.S. Constitution or a specified amendment to use as the basis 
for your initial response:
Any of Congress’s enumerated powers under Article 
I, Section 8
1st Amendment
4th Amendment
5th Amendment
14th 
Amendment

Identify the section of the Constitution or its amendment that you have 
chosen. Discuss how this section of the Constitution or its amendments both 
limit and protect business in general. Describe an example of how the section of 
the Constitution or its amendment that you have chosen could be applied to your 
professional life (past, present, or future). In your example, discuss whether 
the section of the Constitution you have chosen to address limits business or 
protects it.

Disc 2

Review  the “At&t pulls $39 billion t-mobile bid 
after U.S. opposition.
 
article.

In 2011, AT&T attempted a merger with T-Mobile. The Justice Department 
sued under the act, claiming that the merger would constitute a violation of the 
antitrust laws. In 2012, AT&T dropped its attempt at the acquisition.

If AT&T had merged with T-Mobile, would the merger have violated 
antitrust laws? Why or why not? Do not be unduly influenced by the Justice 
Department’s stance on the issue. Use your own analysis to reach a conclusion.

Assignment

Legal Underpinnings of Business Law

Imagine that you own each of the following businesses:

Tinker’s Home 
Security Service (sole proprietorship)
Tinker & Tailor’s Home Security 
Service (general partnership)
Tinker & Tailor’s Home Security Service 
(LP)
Tinker & Tailor’s Home Security Service, Inc. 
(corporation)
Tinker & Tailor’s Home Security Service, LLC (LLC)

The businesses are being sued for breach of contract. Create a matrix that 
lists each business, and compare and contrast your personal liability exposure 
as an owner as a result of the lawsuit. 
For each business entity, analyze how you might limit your liability 
exposure as an owner. 
Describe a business that you may own some day or that you currently own. 
(Even if you never plan to own a business, pretend as if you will do so for the 
purposes of this assignment.) Examine the best business organizational form for 
the business that you have described, including in your examination personal 
liability exposure, management, taxation, and ease of formation.

Submit a four- to five-page paper (not including title and reference pages). 
Your paper must be formatted according to APA style as outlined in the approved 
APA style guide and you must cite at least three scholarly sources in addition 
to the textbook.

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