Business Law on a closely held corporation

1. Discuss the process of setting up a closely held corporation. Also discuss advantages and disadvantages of the closely held corporation. 2. Discuss antitrust laws and their relationship to Major League Baseball. Why is this anomaly present and will it continue to be upheld by courts? 3. Discuss “sweatshops” as they relate to labor laws. Are there sweatshops present in the U.S.? Why or why not? Is there an argument that can be made in support of sweatshops in poverty stricken nations? 4. Discuss discrimination in employment – specifically gender and race discrimination and the glass ceiling concept.