Provide a full discussion and cogent answer to the following hypotheticals:
• If possible, use Colorado§ case law examples….
• When possible, use the IRAC structure for answering; simply, accurately as possible (Issue-Rule-Analysis-Conclusion).
• Please use at least two additional sources and provide accurate citations.
• Include proper citations to your authority

1. Are the limitations on S corporations (one class of stock, etc…) serious restraints that dramatically impede an entrepreneur’s options or minor technicalities?

2. Why do 76% of all small businesses choose to operate as sole proprietorships?

3. A tenant in Colorado was without hot water for a week because her hot water heater broke. She immediately began calling her landlord. He did not return her calls for two days and ultimately
did not get the hot water heater repaired for seven days. Accordingly, her and her two young sons were without hot water for seven days. Has this landlord breached the Implied Warranty of
Habitability? If so, what remedies does the tenant have and what steps does she need to take to seek those remedies?

4. Rick wrote a song entitled “Wonderful.” At the bottom of the first page of music he wrote “© 2015 by Rick Reed.” Four months later a local band was playing his song at a bar. Rick felt that
the bar was an inappropriate setting for his music. What remedy does he have?