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LAW 101 SEU Webber & Associates Discussion

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Deidre McFadden came to the offices of Webber & Associates seeking help in organizing
her business, Fashion Angels, a toy-making enterprise focusing on dolls with multiple outfits.
She wants to run the business and has few personal assets so is not worried about personal
liability. Deidre’s aunt, Penelope, is elderly, wealthy, and adores her only niece. Penelope is
willing to invest $500,000 to start the business, and Deidre has $10,000 to contribute on her own.
Deidre expects to do all the work without…

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