Instructions:
Please, write a short essay response for each of the questions/statements below. Each response should be around 250 words and/or two paragraphs minimum. Thank you
Questions/Statements:1) Read the following fact pattern. Assume the role of consultant and prepare a brief essay, two paragraphs, for your client that suggests the appropriate business structure (LLC, S-Corp, C-Corp, etc.) for his needs. In doing so, fully explain your reasoning and spell out the pros and cons of the suggested structure. If there is additional information you would need from the entrepreneur, indicate the questions you would ask him.Green is a talented artist and he creates landscape paintings while working in the open air. Green originally started selling his works at flea markets and small craft fairs. The popular response encouraged him to create a website and start a mail-order business. He outsources some of the printing responsibilities, and hired someone part time to help him ship out his work to website-based customers. He does not currently own permanent retail space, but he has not ruled it out. What business structures would you recommend to Green? Advise Green of the pros and cons of each structure.2) Read the following fact pattern. Provide an answer within two paragraphs or more discussing your ruling as Judge in the case.Bob’s neighbor Dave is good friends with Bob and cares for Bob who is old, sick and dying. Dave takes Bob to the grocery store, to the barber, run errands for Bob, and pays all his bills since Bob is bed ridden and has a difficult time getting around. Dave maintains that Bob had promised him his two gold rings worth ten thousand dollars each upon his death. However, when Bob eventually died, his son took his rings as part of Bob’s estate. Dave claims the rings were promised to him and asks you as Judge to rule on his claim. How do you rule?
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