This final exam will generally assess material from Module 4 and Module 7, but will focus mostly on businesses (Module 7). You are invited to revisit materials from the readings, lessons, self-assessments and assignments from those topics. In the exam you will be presented with a hypothetical situation involving creation of a small business. Your job is to advise the clients on what actions to take they begin their business. Read the scenario involving Doggy Cakes and respond to the questions posed.
1. For this exam you will serve as the legal counsel for the two clients involved in a hypothetical situation concerning a small business startup.
2. Read through the scenario carefully. You are encouraged to read it more than once.
3. Use what you have learned in M7 (you can also pull in from other modules) to advise your clients on decisions that must be made in Part 1, Part 2 and Part 3.
4. Formulate your responses in the form of a memo