BUS 210 Waubonsee Community College Formation of A Business Entity Discussion

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It is your responsibility to answer all four questions. Take care to reply to
all parts of each question. Please follow the guidelines, tips and grading
rubric below. Answers should be a minimum length of ½ 1 page each.
Your writing should be in essay form, not lists of information. You are
required to write in your own words, unless you are quoting or
paraphrasing. Then you must use citations where necessary.

1. Describe what the elements of a contract are. What are some
defenses one could argue to get out of a contractual obligation?

2. Describe the steps to forming a business entity. What should a person
consider when deciding to start up a business?

3. What does a person need to do when they feel they have a claim
under Title VII of the Civil Rights Act of 1964? What steps can an
employer take to prevent claims under Title VII?

4. Explain the antitrust statutes; (The Sherman Act), (The Clayton Act),
and (The Federal Trade Commission Act)? Do you think the current
antitrust statutes are effective in preventing a business from
becoming a monopoly?

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