Running head: ACME FIREWORKS1Acme FireworksStudents nameCourse name and numberInstructors nameDate submittedACME FIREWORKS2IntroductionAcne is a fireworks retail company that deals with fireworks. Currently, Acne Fireworksis a sole proprietorship type of business. The company is now considering to expand the businessbecause of the increasing number of inquiries put forth to the company. Since the business isexpanding, Acne fireworks need to reevaluate the kind of insurance that they will use whendealing with explosive materials as there are many liabilities for the customer that could beinvolved. The company will have to decide what type of employees they will employ.This paper evaluates whether the company sticks to the Uniform Commercial Code(UCC) or the common law, analyzes the contract being adhered to by the owner of the company,and explains the potential personal liabilities from the consumers during a fireworks display andthe measures taken to ensure consumer safety. It also discusses different types of employeessuitable for the company and the acts that govern the employee hiring process, andrecommendations for a business entity type that the company should become other than soleproprietorship are also included.Business ContractsMajority of contracts including real estate, intangible assets, services, insurance, andemployment are controlled by the common law (Sheleff, 2013). On the other hand, security andsales of goods contracts ...
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