Discussion Question
The Governor of the State of Florida traveled to the country of Cuba for the purposes of negotiating a treaty to promote the trade and importation of tobacco into his state for the benefit of Florida's cigar industry. What Article of the United States Constitution governs treaties? Will Florida's treaty be allowed under the United States Constitution? Present the rationale for your determination supported by concepts from your textbook and research.
You are approached by a client who would like to start his own business. The client plans to take the company public in five years. What are the benefits of organizing the business as a corporation?