The Next Vivid Business Decisions Case Study

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The Next Vivid Business Decision Jose Hernandez BUS 311 Business Law I Timory Naples Monday November 10, 2014 A motivated individual has a bright idea. He wants to put it into action. He has established the right amount of revenue and has spoken to his supporters. But now what? The excitement can spring about many more ideas. It can be gratifying and feel accomplished to erect your own business from the ground up. Where does the venture go from here? The beauty of starting your own business becomes a messy world if one does not put the right foot forward. A business requires more than just the motivation to start. It must also have the knowledge on certain elements to get on the right path. For starters, knowing the…show more content…
What Acme Fireworks should first be concerned about is where negligence falls into the picture. In conducting ordinary business through the sell and services of these goods, what is noticeable is the mix or hybrid contract which requires deciphering if it falls under the common law or the UCC law. Law is a sense of morality that is shaped by society; it’s not ethics, where one is suppose to follow. With the common law, it’s something where it continues to change or adjust through our federal and state courts to govern all laws. For example, the ever-changing law on how discrimination went from sanctioning segregation to dissolving segregation illustrates how adaptable common law is. This law also derives its basis from these court proceedings called precedents to guide cases based on past rulings. The one disadvantage of common law is how cases will surmise. As Rogers (2012) attests, “even the best judicial minds often disagree, based at least in part on their judicial philosophy and political ideology” (Section 1.1). Depending on each of the judge’s beliefs, cases can go in any direction from their analysis. This uncertainty of having varying philosophies can be
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