Business Question

In your paper, the owner has asked you to do the following:

• Analyze if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC).Explain why.
• Analyze whether the owner formed a contract with the businesses.Apply the five essential elements of an enforceable contract.
• Explain the potential personal liability to Acme Fireworks if a spectator is injured by a stray firework from a fireworks display.
• Discuss the different employment types and relationships relevant to agency law.Analyze the advantages and disadvantages of each type specific to Acme Fireworks.
• Explain why Acme Fireworks should not operate as a sole proprietorship.
• Recommend a new business entity.Provide rationale to support your recommendation.

For each task, be sure to analyze the relevant law, apply the facts to the law, and make a conclusion.