Illegal products
Some products can be used to break laws. For example, DVD and CD burners can be used to make illegal copies of movies and music pirated from the internet or other sources. And people can use radar detectors to avoid the police when they are doing something illegal.
Do you think the government should limit the sale of products that could be used to break the law? Why or why not?
Forms of Business Ownership
Think of a business you would like to start. Imagine that several of your friends decide to join in with you on this business. You have to use your own money to start and none of you has a lot of extra money, so you plan to start small. However, eventually you would like to expand to open multiple branches in different locations.
Briefly describe your business, then answer these questions:
- What form of ownership should your new business take, and why?
- What are the advantages and disadvantages of the form of ownership you selected?