All questions need to be answered in about a paragraph in the next 3

Don't use plagiarized sources. Get Your Assignment on
All questions need to be answered in about a paragraph in the next 3
Just from $13/Page
Order Now



In Week 3, Donny Woods, Jamaica Johnson and Gerald Smith opened a new restaurant and bar in Tampa, Florida. You determined the type of business organization and gave the business a name. You also evaluated some of the legal issues faced by the business. This week, you will continue to assess the legal and ethical issues facing the restaurant.
Part 1 – Accountants’ Liability

Garnett Food Service, Inc. owned the building and land that Woods, Johnson and Smith planned to purchase. Prior to putting the property on the market, Garnett hired Lindsey Silver, of the accounting firm of Stevens, Silver and Winters to conduct an audit of the current business located on the property. Silver knew that potential buyers would use the audit report in making their decision to purchase the property. Silver’s audit report showed the current restaurant to be profitable. Woods, Johnson and Smith relied on the accountant’s report in agreeing to purchase the property. It was later discovered that Silver made a number of mistakes that overstated the profitability and value of the property. Woods, Johnson and Smith sued Silver and her accounting firm for damages based on negligent misrepresentation of fact. Silver used lack of privity of contract as her defense.
• Analyze the arguments for each party. Be sure to include a discussion of the various approaches to the duty of care a public accountant owes to third parties.
Part 2 – Sureties and Guarantees 

Fifth Third Bank loaned $100,000 to Woods, Johnson and Smith to purchase the restaurant. Since the three parties did not have much cash or other assets, the bank required assurance of payment from another party. Chuck Wagon agreed to be a surety for the loan. 
• Evaluate the bank’s options if the restaurant defaults on the loan. Be sure to identify the amount Wagon is responsible for paying, if any.
• Explain why the bank prefers the surety to a guaranty.
Part 3 – Secured Transactions and Bankruptcy

Harrell Restaurant Supplies agreed to sell two new commercial refrigerators to [Restaurant Name] for$17,500. Harrell retained a security interest in the equipment. [Restaurant Name] agreed to pay for the equipment in equal installments over 48 months.
• Evaluate Harrell’s rights as a creditor if [Restaurant Name] files bankruptcy 18 months after purchasing the equipment. 
• Discuss Harrell’s rights as a creditor if [Restaurant Name] sold the two refrigerators for $750 approximately 30 days prior to filing bankruptcy.
• Explain how a failure by Harrell to file a financing statement might impact the outcome of both scenarios.
Part 4 – Employment Discrimination

Born in 1970, Florita Lopez immigrated from Mexico in 2001 and became a U.S. citizen in 2005. Lopez speaks fluent English with a strong Hispanic accent. Her accent does not interfere with her ability to communicate with others. Lopez worked as a cook and waitress for 20 years. Although she did not have any formal management experience, Lopez applied for a shift manager’s job with [Restaurant Name]; however, she was not hired for the position. The restaurant currently employs 5 full time employees and 11 part time employees.
• Analyze the possible grounds Lopez might have for a discrimination lawsuit against [Restaurant Name]. 
• Provide support for each ground selected and then provide arguments that [Restaurant Name] could make to counter each claim.
• Explain how your answer might change if the restaurant only employs a total of 12 people.
Part 5 – Insurance and Agency

Mitch Dawson is a delivery driver for [Restaurant Name]. While delivering orders within the scope of employment, Mitch rear-ended a car driven by Nick Smith. Mitch was insured by Nationwide Insurance and his policy contained the following information.
Exclusions—What is not Covered
Nationwide will not pay for any damages an insured person is legally obligated to pay because of:
1. Bodily injury or property damage arising out of the use of your insured auto while used to carry persons or property for a charge, or any auto you are driving while available for hire by the public.
• Analyze the liability on the part of Mitch, Nick Nationwide and [Restaurant Name]. Be sure to cover issues related to both insurance and agency.
Part 6 – Agency

Because of some recent thefts in the area, the restaurant hired Cross Security Service (CSS) to provide security for the property and deter thieves and vandals. The security guards were required to carry firearms; however, they had to be certified. Jeff Liddell was the security guard assigned to watch the restaurant. Even though Jeff Liddell was not certified, he brought his gun since he was only two days away from qualifications with the firearm. On December 31, Liddell fired his weapon at Martin West, in the belief that West was attacking a female patron who was trying to unlock her car. West died and his mother filed a lawsuit against CSS and the restaurant, claiming her son’s death was a result of negligence for which CSS and the restaurant were responsible. 
• Justified the arguments for each party.
• Explain the restaurant’s best defense.
Part 7 – Consumer Protection

[Restaurant Name] does not publish the prices of drinks on the menus. Brad Dickens, a customer of the restaurant filed a lawsuit claiming that failure to provide drink prices on the menu constitutes an unfair business practice because customers must make quick decisions about ordering drinks after asking about the price. Another plaintiff, Charles Pirtle, claimed that he was not provided with a cost for his drink until after he ordered it, which constitutes consumer fraud.
• Analzye the applicability of state and/or federal consumer protection laws that Dickens and Pirtle can assert against [Restaurant Name]. Select which party should win and support your answer. 
Part 8 – Recommendations
• Conclude your paper by jusifying suggestions for [Restaurant Name] to help prevent future occurrences of these types of legal problems and ethical issues, if applicable. Be specific in your recommendations.

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

At, we always aim at 100% customer satisfaction. As such, we never compromise o the quality of our homework services. Our homework helpers ensure that they craft each paper carefully to match the requirements of the instruction form.

Professional Academic Writers

With, every student is guaranteed high-quality, professionally written papers. We ensure that we hire individuals with high academic qualifications who can maintain our quality policy. These writers undergo further training to sharpen their writing skills, making them more competent in writing academic papers.

Affordable Prices

Our company maintains a fair pricing system for all academic writing services to ensure affordability. Our pricing system generates quotations based on the properties of individual papers.

On-Time delivery

My Homework Writers guarantees all students of swift delivery of papers. We understand that time is an essential factor in the academic world. Therefore, we ensure that we deliver the paper on or before the agreed date to give students ample time for reviewing.

100% Originality maintains a zero-plagiarism policy in all papers. As such, My Homework Writers professional academic writers ensure that they use the students’ instructions to deliver plagiarism-free papers. We are very keen on avoiding any chance of similarities with previous papers.

Customer Support 24/7

Our customer support works around the clock to provide students with assistance or guidance at any time of the day. Students can always communicate with us through our live chat system or our email and receive instant responses. Feel free to contact us via the Chat window or support email:

Try it now!

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Homework Writing Services

My Homework Writers holds a reputation for being a platform that provides high-quality homework writing services. All you need to do is provide us with all the necessary requirements of the paper and wait for quality results.


Essay Writing Services

At My Homework Writers, we have highly qualified academic gurus who will offer great assistance towards completing your essays. Our homework writing service providers are well-versed with all the aspects of developing high-quality and relevant essays.


Admission and Business Papers

With, we will help you secure a position at your desired institution. Our essay writing services include the crafting of admissions papers. We will still help you climb your career ladder by helping you write the official papers that will help you secure a job. We will guide you on how to write an outstanding portfolio or resume.


Editing and Proofreading has a professional editorial team that will help you organize your paper, paraphrase it, and eliminate any possible mistakes. Also, we will help you check on plagiarism to ensure that your final paper posses quality and originality.


Technical papers

My Homework Writers harbors professional academic writers from diverse academic disciplines. As such, we can develop homework writing services in all academic areas. The simplicity or complexity of the paper does not affect the quality of homework writing services.