Kelly and Karla were roommates at FAU University and graduated last May. While on a post-graduation celebration trip to Costa Rica the two women began exploring the idea of opening a restaurant on South Beach in Miami Florida. Neither has any previous experience in starting or operating a restaurant but both have extensive connections in the Miami-Dade area because of the many friends they made while attending Lynn. They intend to attract health-minded college-age students to their new restaurant The SoBe Health Hut. Kelly and Karla agree that each will invest equally in terms of time and money. However in addition to these equal contributions another $100000 is essential for the restaurant to succeed. The full report (both parts combined) must be no more than 2000 words and must be typed and be in 12 font double-spaced one-inch margins form. Requirements: No more than 2000 words also way less if you can not find enough to write that much | .doc file What are the differences between morals and ethics? Explain an issue or occurrence in business that is legal but not ethical and why; and explain an issue or occurrence in business that is ethical but not legal and why. Explain an occurrence when you took the ethics of a company into consideration when deciding between similar products. If you have never done so explain why not. Research a company that you admire and examine that company’s ethical decision-making. Who is that company’s Ethics Officer and what is that officer’s role? What is it about the company’s business and ethical positioning that you admire? Has there been an instance where this company’s strong position has helped it to avoid a potential scandal? Explain the key elements of – and the differences between — a sole proprietorship a general partnership a limited liability partnership and a corporation. (65%) What type of the above four business entities is best suited for The SoBe Health Hut and why? In your answer explain who will manage the store and what personal liabilities will Kelly and Karla face and why? (35%) ‘
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