Business Law Re: Career Institute Term Paper

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Further, CIA should incorporate as a closely held corporation. Although they will still have to create officers, have annual meetings, and issue shares, this can all be done privately. In other words, the founder will be able to maintain his close involvement by being the sole shareholder and performing all the officer roles.

In order to ensure that the instructors are hired as independent contractors, CIA should take the following steps:

Have every instructor sign a contract clearly labeled "Independent Contractor.

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Have all instructors turn in a W9 form, the standard federal tax form for independent contractors.

In the contract, clearly lay out that each instructor is not an employee, will not receive any employee benefits, that the agreement may be terminated at any time and have it signed as "Independent….....

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"Business Law Re Career Institute" (2007, March 27) Retrieved June 2, 2024, from
https://www.aceyourpaper.com/essays/business-law-re-career-institute-39041

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"Business Law Re Career Institute" 27 March 2007. Web.2 June. 2024. <
https://www.aceyourpaper.com/essays/business-law-re-career-institute-39041>

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"Business Law Re Career Institute", 27 March 2007, Accessed.2 June. 2024,
https://www.aceyourpaper.com/essays/business-law-re-career-institute-39041
   

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