Constitutional and Legal Underpinnings of Business Law

1.) Review the Constitution in Appendix A and discuss any one of the Congress’s enumerated powers under Article I, Section 8 of the US Constitution in the initial response.
Identify the section of the Constitution or its amendment that you have chosen. Discuss how this section of the Constitution or its amendments both limit and protect business in general. Describe an example of how the section of the Constitution or its amendment that you have chosen could be applied to your professional life (past, present, or future). In your example, discuss whether the section of the Constitution you have chosen to address limits business or protects it.
2.) Capital Gain: "Zero To 60: What Business Owners Need To Know About Capital Gains,” describes useful ideas that will help you learn more about capital gains and how this tax regime can impact business decisions. After reading this article, determine which of the planning opportunities could be beneficial in a corporate and independent business setting. In detail, convey why or why not? Using the text for this class, describe the pros and cons in business law regarding capital gains. Respond to at least two of your classmates’ posts.
The link is http://www.forbes.com/sites/steveparrish/2014/03/24/zero-to-60-what-business-owners-need-to-know-about-capital-gains/
Article
Parrish, S. (2014, March 24). Zero to 60: What business owners need to know about capital gains. Forbes. Retrieved from http://www.forbes.com/sites/steveparrish/2014/03/24/zero-to-60-what-business-owners-need-to-know-about-capital-gains/
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