Business Entity Application Assignment

Fact Pattern:

You just passed the bar and are working at a small firm in Belton, TX when new clients, John and Sue Smith, stroll into your office with the following situation:

After several years of having a vacation condo unit owned by several parties in partnership of sorts, we have now become the sole owners. Its what weve always dreamed of, but by nature of our complete ownership, there may be some legal concerns now. Though we do intend to occupy the unit ourselves quite a bit in our upcoming retirement, we also anticipate that we might need to rent it out in the summertime to help cover some of the operating expenses. In talking with some of the other owners who rent year round, they mentioned the possibility of setting up a business entity to put condo in.

Other than the condo, we really do not have much in the way of assets, thus we would like to keep the costs, as well as the paperwork/hassles at a minimum. We are required to carry substantial insurance on the place given its coastal location and vacation spot. Any advice would be greatly appreciated!

Do not consider/discuss the LP or the LLP as even a possibility.

Format: This memo (look up general formatting if you dont know) is to be typed in Times New Roman, 12 point font. Memos are generally single spaced. The correct length is whatever it takes to adequately explain your recommendation to the client and briefly discuss exactly why you would not recommend the others. I doubt a quality paper will be much less than 1.5 pages

From professor:
When I began my research on medical cannabis in the summer of 2008, I was determined to step out beyond my ‘comfort zone’, to challenge my assumptions and initial skepticism about medical cannabis. I have done this by traveling to medical cannabis states and doing all different kinds of research. While my favorite methods include field research and participant-observation, I have done interview, surveys, attended all kinds of meetings, educated myself through ongoing classes (Oaksterdam basic and advanced weekends, all those Patients Out Of Time Meetings), and generally tried to insert myself into this rich and strange world of medical (and now legal) cannabis. This approach has yielded countless insights about my own biases concerning cannabis, how others approach cannabis in different ways than myself, and on a macro level how to approach going forward socially and legally. I feel that if you can approach your project with this sense of openness and fundamental curiosity it will become something you will really enjoy doing.
Here are some examples of things I think could work out well. One of the things we are missing in teaching this class online is watching videos. There are all kinds of interesting videos on cannabis available, from ‘Adam Ruins Everything’ on Netflix to Frontline episodes (The Pot Republic) to Cheech and Chong films. Documentaries to popular culture. Tons of stuff out there! So one thing you could do is to find one or more of these and write up an analysis of it (them). Find something, could be mainstream or obscure, and tell me all about it.
Another idea includes local field research. Have you ever seen (and smelled) a live cannabis plant? If this is something you would like to do you could visit Wash Hydro in Washington DC (2318 18th St NW, Washington, DC 20018, relatively near the Dupont Circle Metro) if you are 21 or older and check it out. The first time I saw live plants was in Amsterdam in 1995–the Hash, Marijuana, and Hemp Museum had a live garden in their cellar.
Part of this project involves questioning yourself and your interests in cannabis. Obviously you were curious enough to take the class; I’ve provided some information, maybe an elementary framework of understanding. What is your next step? What topic is intriguing enough for you to take it further?
The only requirement is that the write up of whatever you do has to be at least 5 full pages–minimum. It may take more–you will decide! This project is wide open–it will be what you make it.

Frontline episode “The Pot Republic”.

The item choosen is Death penalty in the file called “Donohue2014…”

You must read the article titled “death penalty article” and write an analytical text following the instructions below.
de
    Summary of the item (or items but in a unitary manner): minimum 800 words.
    Original study of an aspect found in the item (s): minimum 800 words.
    In-depth study of an aspect that is considered missing in the item (s): minimum 600 words.

The paper must consist of a maximum of 2800 words, excluding any bibliography which must contain ALL sources.
!! quotation marks to be reduced in any case to a minimum.

    Particularly appreciated are insights into the Swiss or European institutional context.
    Be careful to prepare a paper in the correct language.

Please use a simple English (not mother language)

Assessing the role of race in the court system. That is the disparity? What might be the cause of the disparity? Who benefits? Who loses? Within this topic, you should focus your analysis somewhat narrowly on a case study, particular context, or example that highlights your topic inequality.