Acme Fireworks is a retail that sells fireworks, puts on ground displays, and large aerial display of fireworks. The company started in the owner’s garage two years ago, and now has expanded to 15 employees under the manager.
Acme Fireworks is a sole proprietorship that is looking to change its entity status due to a recent influx of bigger contract requests. It was discussed that most of the cost for the fireworks display is for skilled labor, insurance, and the actual service of setting off the fireworks.
These large contract requests demand more employees, a higher demand of product, and a higher liability risk. The contracts with the business will be governed by Uniform Commercial Code (UCC).
“The Uniform Commercial Code (UCC) to unify state laws affecting commerce into a single code that all states could adopt to make interstate https://www.solvedcollegepapers.com/product/bus-311-final-assignment
https://www.solvedcollegepapers.com/product/bus-311-wk-3-assignment
