Acme Fireworks Expansion

Rhiannon Neufell

BUS 311 - Business Law I

Instructor David MacKusick

May 18, 2015

Acme Fireworks Expansion

Introduction

Acme Fireworks sells fireworks in all their myriad forms. Single-use, aerial display, ground display; if there's a need, Acme Fireworks supplies it. Starting out as a garage endeavor, Acme Fireworks is a sole proprietorship that is looking to change its entity status due to a recent influx of bigger business contract requests that would mean a larger employee base, more liability risk, and higher demand of a dangerous product (prompting evaluation of insurance protocols and coverage). This act of expansion would lead to the company adhering to the Uniform Commercial Code (UCC), as "an order or other offer to buy goods for prompt or...