Greener Delivery Company and Hiway Trucking, Inc., form a business trust. Insta Equipment Company and Jiffy Supply Corporation form a joint stock company. Kwik Mart, Inc., and Luscious Produce, Inc., form an incorporated cooperative. What do these forms of business organization have in common?
Answer to relevant QuestionsAfter Hurricane Katrina, James Williford, Patricia Mosser, Marquetta Smith, and Michael Floyd formed Bluewater Logistics, LLC, to bid on con-struction contracts. Under Mississippi law, every member of a member- managed LLC ...What if the Facts Were Different?Suppose that Murray could have pinpointed a job-related basis for determining the distribution of the net profits among the defendants. Would the result have been different? Explain.The ...Although a limited liability company may be the best organizational form for most businesses, a significant number of firms may be better off as a corporation or some other form of organization. (See page 759.)a) The first ...Macro Corporation and Micro Company combine, and a new organization, MM, Inc., takes their place. What is the term for this type of combination? What happens to the assets, property, and liabilities of Micro? Dodona I, LLC, invested $ 4 million in two securities offerings from Goldman, Sachs & Co. The investments were in collat-eralized debt obligations ( CDOs). Their value depended on residential mortgage- backed securities ( ...
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