Phoenix Bookstore, LLC with four members incurs substantial debt due to a downturn in book purchases. At

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Phoenix Bookstore, LLC with four members incurs substantial debt due to a downturn in book purchases. At the end of the fiscal year they are $100,000.00 in debt. For how much will each of the four member be personally liable?

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International Marketing And Export Management

ISBN: 9781292016924

8th Edition

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

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Posted Date: Mar 05, 2024 08:17 PM

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Phoenix Bookstore, LLC with four members incurs substantial debt due to a downturn in book purchases. At

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In a limited liability company LLC the members are generally not personally ... View the full answer

International Marketing And Export Management

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