Once an organization has identified its business foundation, it begins the process of developing tasks that are critical in determining its success…

Read Chapter 25( Contemporary business law, 8th edition book) relevant info I need a A two or three page paper on family-owned businesses and why

Read Chapter 25( Contemporary business law, 8th edition book) relevant info I need a A two or three page paper on family-owned businesses and why they may face a number of problems dealing with the duty of loyalty. For example, the Cardigan family has made a name for themselves in the sweater industry whereby they have designed sweaters for a variety of uses and for a wide target audience ranging from toddlers to business professionals. Cassandra, whom everyone calls Cassie, is the CEO of CARDWARE Inc., Camoni is the spokesperson for the sweater line, and Candie models the lines in the professional sphere. They often use their mother, Camille, as a business consultant for input about various new ideas and marketing because she was the manager and agent of her son’s glove company. Cora and Caley, Camille’s two youngest daughters from her second failed marriage to Bo Jenkins, are co-office managers of their headquarters located in Silkadonia. Discuss the duties of loyalty issues that faces family-owned businesses. Answer the questions fully. While the questions may ask for a yes or no response, you MUST provide reasons to support your response. It helps to incorporate the facts of the case problem into your answer. If the questions discuss a legal concept, make sure you define it and explain how it is used as a part of your analysis.
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