1.) The following matters from the class handout in my Teaching Notes about Franchises relating to the McDonald’s “Hot Coffee”case brought by 79 year old Stella Liebeck:
ØAn outline of the “facts” of the case
ØWhat some of the “legal issues” were
ØWhat “decision” the jury made
ØThe “rationale” behind the decision (meaning the legal reasoning the decision was based upon)
2.) A list and brief explanation of the Advantages and Disadvantages generally associated with Sole Proprietorships vs. Partnerships vs. Corporations.
3.) A list and an explanation of what factual issues become critically important to understand in making a determination about whether a particular business might legally be deemed a “partnership” even if the people running it never specifically called it one.
4.) A list and explanation about the Duties of Partners to each other and a list and explanation about the Rights of Partners as Owners.