<u>No</u>. It is not acceptable for a V.P. to miss the normal routine to do business with a family member. Business is not done emotionally but it is done smartly, In doing such an act of favoring a family member in place of following the university’s policy, there should be a conflict of a hobby for J.Rbeing the vice president. He must put in mind that there need to be some people that can be affected by his moves.
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business types range from limited liability companies to sole proprietorships, corporations, and partnerships.
Typically, there are 4 primary types of businesses: Sole Proprietorships, Partnerships, limited liability companies (LLC), and corporations. before creating a business, entrepreneurs have to carefully consider which type of business structure is best suited to their enterprise.
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