Based on the different situations described in the scenario, create a 6 to 9-page Microsoft Word document that includes the answers to the following questions:
- What are Lauren's options for operating her business? Select the type of business organization you believe is best for Lauren and provide support for your choice.
- What are Lauren's options related to the stop payment on the customer's check?
- What are Lauren's options related to the undelivered goods?
- What course of action would you advise Lauren to take on Friday night and/or Saturday morning? Will Lauren be liable for the moneys withdrawn from her account? Explain why or why not.
- According to your text, what laws govern business and consumer banking transactions? Provide a short summary of how the law(s) affect Lauren.
- Identify and explain any ethical concerns Lauren may face related to the topics covered.
- Conclude your paper by providing suggestions for Lauren to help prevent future occurrences of these types of legal and ethical problems.
Support your answers with appropriate research, reasoning, cases, laws, and other relevant examples.