Aug 11, 2017

What is a founders` agreement?

This paper concentrates on the primary theme of What is a founders` agreement? in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.

Entrepreneurship essay

INSTRUCTIONS:
ASSIGNMENT 04 BZ450 Entrepreneurship Directions: Unless otherwise stated, answer in complete sentences, and be sure to use correct English spelling and grammar. Sources must be cited in APA format. Your response should be a minimum of one (1) single-spaced page to a maximum of two (2) pages in length; refer to the "Assignment Format" page for specific format requirements. Part A: What is a founders` agreement? Describe the purpose of a buyback clause and why it`s important. Part B: List and explain four (4) steps entrepreneurs can take to avoid legal disputes. Part C: List and briefly describe three (3) specific steps that an entrepreneurial organization can take to build a strong ethical culture. Part D: What is meant by the term "piercing the corporate veil"? How can the corporate veil be pierced? This is the end of Assignment 04.
CONTENT:
Name Course Lecturer Date What is a founders` agreement There are different agreements regarding on what is been agreed on, and the future affect on the ownership of the property. Founder agreement on it own, is the agreement betwixt the parties and it`s also referred as buy-sell agreement. A buy-sell agreement is termed as a contract used to secure the future of a closely-held business. In this agreement, it`s possible for the founders to determine what will happen to the ownership interest in case one of the founders dies disability effects, retirement or in case one decides to withdraw from the business. It is vital to have the founder`s agreement at the venture of every business. For instance, in a situation where there are multiple founders, it is vital for the founders to consider and address a potential issue that may arise during the life of the business since if they fail to do that, there may be difficult and as well expensive at the time of amendment. Describe the purpose of a buyback clause and why it`s important When it comes to the description of the buyback purpose, it is crucial to note that this process to repurchase the outstanding shares by a company with an aim of...


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