LASELL COLLEGE
BUSS205,”B”, LEGAL ENVIRONMENT OF BUSINESS
SPRING 2013
STEVEN B. BORIS
WEDNESDAYS 5:00 P.M. TO 7:30 P.M.
WOLFE 102
OFFICE HOURS: BY APPOINTMENT
E-MAIL:
mailto:SBORIS@LASELL.EDUSBORIS@LASELL.EDU
TELEPHONE: (508) 872-2710 Ext. 14
FINAL EXAMINATION
STUDENT’S NAME __________________________________________________________
Instructions: Carefully read the entire exam. Answer the question asked. Spot issues. Argue in the alternative, if appropriate. Write legibly and on the back of the pages if necessary. Use short sentences. Proof read. Grading: 100 points with Question 1 having 34 points and Questions 2 -12 having 6 points each (6 x 11 is 66). Lastly, have a great summer!
A group of four (4) people decide to operate a whale watch business on Cape Cod. The mission is to create a tourist business that is environmentally friendly. Each brings something different to the enterprise:
Able is recently retired from the United States Coast Guard and is a licensed Captain allowed to operate large offshore vessels that carry as many as 200 passengers. Able will be in charge of the businesses’ vessels and will train deck hands and supervise all other vessel captains. He is putting no money into the venture. He will work full time for the venture.
Baker is an environmental scientist with a Ph.D. in marine biology. Baker will recruit and supervise the graduate student marine biologists who will accompany all trips. During the trips, the grad students provide commentary on the whales, their behavior, etc. She is putting no money into the venture. She will work full time during the summer for the venture, but will work only part time during the school year as she is a full time college professor.
Charlie is an entrepreneur. He will manage day to day operations, including hiring and training of summer and permanent staff (except grad students and captains), purchase and financing of vessels, wharfage (leasing dock space), arrange office…
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