need 15 hours 5101191 2

1. Please read, Case 14.1 Bank of America, N.A. v. Barr (ATTACHED).  What is a sole proprietorship? Why are sole proprietors held personally liable for the debts of their businesses? (150 Words)

 

 

 

 

2. Please read, Bankruptcy of General Motors (ATTACHED). Is it ethical for a company to declare Chapter 11 bankruptcy? Is anyone hurt by a debtor declaring bankruptcy? If so, who? Was it ethical for General Motors to seek a taxpayer ball-out? Were they “too big to fail?” (150 Words)

 

 

 

NEED IN-TEXT CITATION WITH THE FOLLOWING REFERENCE:

 

Reference:

 

Cheeseman, H. R. (2013). The legal environment of business and online commerce: Business ethics, e-commerce, regulatory, and international issues (7th ed.). Upper Saddle River, NJ: Prentice Hall.