business organizations 3

DUE: 09.13.14 @ 11:59pm

 

Please fill out the documents necessary to create your own corporation (Articles of

Incorporation). A Web resource to locate your secretary of state online is provided below.

 

Assignment 1:

 

1. Write up a brief description of your fictional business (200-500 words). Describe how you filled out

the form and any decisions you needed to make during the process.

2. Fill out the Articles of Incorporation based on the description you provided.

Note: If your state does not have the form available to download online, use any State’s form. Be sure to save your filled-out form to submit with the above.

 

You may find that many of these forms are in a PDF format, which will not allow you to save the

information to your computer. If this is the case, then attach the PDF form and fill out the 

information on a separate Microsoft Word document and attach it as well. You may have multiple

attachments once you have completed this assignment.

 

 

Assignment 2: Case Analysis:

 

Scenario:

 

Greg Allen is an employee, shareholder, director and the president of Greg Allen 

Construction Corp. In 1996, Daniel and Sondra Estelle hired Allen’s firm to renovate a 

home they owned in Ladoga, Indiana. To finance the cost, they obtained a line of credit 

from Banc One, Indiana, which required periodic inspections to disburse funds. Allen 

was on the job every day and supervised all of the work.

 

He designed all of the structural changes, including a floor system for the bedroom over 

the living room, the floor system of the living room, and the stairway to the second floor. 

He did all of the electrical, plumbing, and carpentry work and installed all of the 

windows. He did most of the drywall taping and finishing and most of the painting.

 

The Estelles found much of this work to be unacceptable, and the bank’s inspector 

agreed that it was of poor quality.

 

When Allen failed to act on the Estelle’s complaints, they filed a suit in an Indiana State 

court against Allen Construction Corporation and Allen personally, alleging in part that 

his individual work on the project was negligent. Can both Allen and his corporation be 

held liable for this tort? Explain.

 

In responding to the question be sure to:

 

• Analyze whether or not a director/officer can be held liable for the torts of the Greg Allen 

Construction Corporation.

• Discuss whether or not the facts would constitute the type of act protected by the 

corporate entity.

 

Paper Requirements:

 

>Use standard margins: 1″ on all sides.

>Use standard 12-point font size.

>Use standard double-spacing: average of 22 lines per page, and between 20 and 

24 lines per page.

>Use left-aligned text. Do not right-justify.

>There should be no spaces between paragraphs within the paper.

>When citing a quote of more than four lines, you should indent the entire quoted passage 10 spaces from the left margin. It is not necessary to indent these block quotes from the right margin. Continue with the usual double-spacing, and give the usual acknowledgements at the end of the quote. Block quotes do not require quotation marks.

>MS Word Document

>3 pages per assignment, at least

>apa citation

>at least 3 sources per assignment

>in depth analysis of each case

>please, no plagiarism!