Recall the chapters opening feature involving Omar Soliman and Nick Friedman, and their company, College Hunks Hauling

Question:

Recall the chapter’s opening feature involving Omar Soliman and Nick Friedman, and their company, College Hunks Hauling Junk LLC. Assume that Omar and Nick, partners in the company, decide to expand their business with the help of general partners.

Required
1. What details should Omar, Nick, and their future partners specify in the general agreements?
2. What advantages should Omar, Nick, and their future partners be aware of with respect to organizing as a general
3. What disadvantages should Omar, Nick, and their future partners be aware of with respect to organizing as a general Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...