*********
CEO, Terminator Software
Palo Alto, California
Dear ***** *****,
This letter is
written to inform you that Terminator Software and Al China should make a deal to
do business together in order to gain profitability and there should be a partnership between the companies. Jun
Xiaoyang's government contacts can also be helpful for Terminator Software
because there can be security assurance in this way. Judgment Day Sara should
focus on the business by Jun Xiaoyang to enter into a business transaction.
Terminator Software by offering products and technology to AI China with an
entrance into the US market can be profitable because there can be better
support in the development of artificial intelligence or microbe sorting in
soils.
Terminator
Software can get help from Al China to efficiently develop the robotic
instrument. Terminator Software is consistently successful can be more
successful in supplying the instrument to crop growers with the help of Al
China during the next 12 months. AI China wants to expand its operations into
Europe and the United States, so the US Government can help the business to
concern about foreign ownership of US technology and the use of artificial
intelligence. However, Terminator Software and Al China transactions can
involve business law or commercial law
because it could be helpful for both the businesses and follow the Copyright
and patent issues because the in US and China there is aggressive patent
litigation (Schaffer, Agusti, & Dhooge, 2017).
Partnership
The partnership between the company's
Terminator Software and Al China can help in for-profit business and it is
beneficial as there are State laws that govern partnerships. However, benefits
would be related to the shares control, organization's profits in business operation.
Terminator Software and Al China both equally have to bear the partnership's
debts or profit-sharing (Law.cornell.edu, 2019).
Doing
partnership with AI China can be effective as it has the most advanced
technology and it is the largest software development company in China that
focuses on artificial intelligence. AI China supply over 60% of the artificial
intelligence software market in China and India that uses data collected from
the internet of things, the company through entering the US or European markets
can be successful. Partnership with AI China has significant as it has the most
advanced technology for teaching computers to learn and predict outcomes based
upon learning through algorithmic exercises using data from the “internet of
things.”
The company has
already made its financial statement based on Generally Accepted Accounting
Principles (GAAP) so doing a partnership with Jun Xiaoyang can provide
reputation to Terminator Software of being very careful and not making a
decision quickly. The Terminator Software and Al China will be secured under
the Uniform Partnership Act. The companies can get the partnership documents by
making the intention of both parties and they need to be agreed on common
ownership of property, the profits and losses, also the joint administration
and capital investment by partners (Grama, 2014).
Legal options for a transaction
While sitting in
a law office in Cleveland, it is recommended to Terminator Software to go for legal
options for a Terminator Software and Al China transaction can involve the business law or commercial law because
it could be helpful for both the businesses. Commercial law can be suitable for
both businesses because it governs the dealings between commercial matters as
well as people. Under business law, there could be proper regulations and laws
of partnership that can be followed. As the Terminator Software wants to become
the combustion biologics line of AI software with the foreign manufacturers of
combustion engines, therefore, the commercial law can be always secured option.
Moreover, there can be solutions or protection or security related to bankruptcy
and agency through the contract laws (Legalcareerpath.com, 2019).
Terminator
Software through contracting with Al China can get benefits and profitability
as the company has already got success in developing software involving
artificial intelligence. Terminator Software is concerned about the sorting
microbes in soil, combustion engine problems, predicting traffic patterns, etc. therefore, a partnership between
both the companies will bring success.
Terminator
Software should also focus on favorable corporate tax policies to make a
business successful. Costus Cash called for the offshore financial subsidiary
in regards to pay corporate tax policies, so there is the need to focus on the
favorable corporate tax policies, issue stock in international markets or to
raise capital, etc.
Major legal issues related to business
Terminator
Software and Al China can face legal issues related to business as the company
could face disgruntled employees, tax litigation, and legal disputes with
competitors, etc. Copyright and patent
issues are the most common for the tech industry as Terminator Software
owns numerous patents and patent applications on various aspects of its
software and robotics technologies in the US and Europe. Terminator Software
has not licensed its technology to anyone outside of the USA. Copyright and
patent issues can be there because the in US and China there is aggressive
patent litigation so in order to be secured from such issues the Terminator
Software should do the patents for years under the patent and copyright
lawsuits (Businessdictionary.com, 2019).
As noticed in the
case of the company, Terminator Software has invested heavily in “deep
learning” technology and has an extensive research and development department,
so the company is at the product development phase. Terminator Software can get
advantages as there could be better conditions of target farmlands in order to
analyze the microbes in that soil and use that information to design soil
implements and additives to create the optimal soil for raising the selected
crops. Through the development of technology in China based upon gathering
sensors’ data through the internet, particularly by AI China result in the
development by taking place in the USA.
Therefore, it is
recommended to Terminator Software that before making a contract with Al China,
Terminator Software should get patents as through the patents and copyrights
there could be a better focus on the products by the research and development
teams and Terminator Software can get benefits. Terminator Software's Board of
Directors needs to be appointed according to the requirement as CPA or financial
expert is required rather than the family coordinators or board’s executive
committee. AI China should invest in this project to optimize crop production.
It is noticed that and I agreed that Terminator Software, through these
arrangements, will become the largest distributor of AI software using the
internet of things in the U.S.
Please let me know what I can do
more for you.
Thanks,
XYZ
References of Letter of Advice
to Terminator Software
Businessdictionary.com. (2019). Five
Common Legal Issues Faced by Businesses. Retrieved from
http://www.businessdictionary.com/article/538/common-legal-issues-faced-by-businesses/
Grama, J. L. (2014). Legal Issues in
Information Security. Jones & Bartlett Publishers.
Law.cornell.edu. (2019). Partnership.
Retrieved from https://www.law.cornell.edu/wex/partnership
Legalcareerpath.com. (2019). What is
Business Law? Retrieved from
https://legalcareerpath.com/what-is-business-law/
Schaffer, R., Agusti, F., & Dhooge,
L. J. (2017). International Business Law and Its Environment. Cengage
Learning.