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Summary BBA 3210 Unit VII Case Study.docx Unit VII Case Study Columbia Southern University Unit VII Case Study During this case study, two gentlemen named Ted Brown and Jim Green had been contemplating for months of starting their own business that con$7.49
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Summary BBA 3210 Unit VII Case Study.docx Unit VII Case Study Columbia Southern University Unit VII Case Study During this case study, two gentlemen named Ted Brown and Jim Green had been contemplating for months of starting their own business that con
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Columbia Southern University
BBA 3210 Unit VII Case S Unit VII Case Study Columbia Southern University Unit VII Case Study During this case study, two gentlemen named Ted Brown and Jim Green had been contemplating for months of starting their own business that consists of the mobile app for locating family attractio...
bba 3210 unit vii case studydocx unit vii case study columbia southern university unit vii case study during this case study
two gentlemen named ted brown and jim green had been contemplat
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Unit VII Case Study
Columbia Southern University
Unit VII Case Study
During this case study, two gentlemen named Ted Brown and Jim Green had been
contemplating for months of starting their own business that consists of the mobile app for
locating family attractions based on central highway locations with the assistance of their sons.
Mr. Brown, who had an 18-year-old son name Theodore and Mr. Green, who had a son named
James that was 16 years of age, would conduct the negotiations on behalf of their fathers due to
other business obligations they both had. Based on the research I have conducted; we will
determine if the contract can be formed legally between the sons and what duties they would
have to their fathers. We will also determine what Ted and Jim need to consider when deciding
the type of business, they would like to form, which business type would be to their advantage,
and what disadvantages they could face from electing to form a business based on the business
structure.
Can a business be created legally?
Jim Green and Ted Brown have decided to establish a business with one another;
however, they do not have the time to finalize the remaining parts of the business deal on their
behalf. Legally the two sons can create a business. However, based on contract law in most
states, a minor cannot start a business. Being that James Green is only 16 years old, he is
considered a minor. He cannot conduct negotiations nor legally sign an agreement related to
establishing a business on his fathers' behalf. (Kubasek, 2011). Theodore is of legal age. The
fathers have two options; Theodore and James Green could create the agreement if Jim Green is
present, and Mr. Green and Theodore Brown execute the documents. The other option would be
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