College Essays-Law
Scenario 1
For a nation or union of nations other than the U.S.:
- If you choose to answer this Scenario, then also answer either Scenario 3 or 4 as if the company in that scenario was not a U.S. corporation but was organized as the form of business you identified in your answer to this Scenario as most similar to the U.S. corporation
- Identify the available alternative forms of business organization that are most similar to the U.S. corporation, LLC & LLP.
- Provide hyperlinks to references relied on.
Scenario 2
You are the director of maintenance for Regional Airline Corporation (RAC), a U.S. regional airline. Knowing that the company is desperately seeking cost savings to allow it to remain competitive, you explore the option of contracting-out the corporation’s major aircraft maintenance to an unrelated company specializing in that kind of work. You find that outsourcing the major maintenance could result in substantial savings to the corporation as compared to the present practice of doing all maintenance in house, with employees of the corporation.
- What person or group within the corporation would have the authority to approve this fleet change? Explain.
- What written record, if any, should be made of the decision approving this fleet change?
