The Legal Environment Dimension Why is the liability of the members of an LLC limited with respect
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
The liability is limited to encourage business activity If the member of an LLC were liable for ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
Question Posted:
Students also viewed these Business Law questions
-
The Legal Environment Dimension Why is discrimination presumed under the ADEA when a plaintiff establishes a prima facie case, unless the employer provides a nondiscriminatory explanation for the...
-
THE LEGAL ENVIRONMENT DIMENSION Why should House and HAI have been advised of Holiday Inns plan to grant a franchise to a different hotel in their territory? THE ECONOMIC DIMENSION A jury awarded HAI...
-
THE LEGAL ENVIRONMENT DIMENSION As a practical matter, does it make sense for the customer to bear primary responsibility for discovering instances of fraud? Which party is in a better position to...
-
Use any method to evaluate the limit or show that it does not exist. lim (x,y) (0,0) x - y x + y
-
Following is the consolidated statement of shareholders' equity of Wal-Mart Stores, Inc., for the year ended January 31, 2010: Required 1. Which items were included in comprehensive income? If these...
-
The Hershey Company (HSY) is the largest producer of chocolate in North America under the Hersheys and Reeses brand names. The following balance sheet information is provided at the end of three...
-
A food manufacturer is analyzing a sample of 400 corn kernels for the presence of a toxin. In this sample, three kernels have dangerously high levels of the toxin. Four kernels are randomly selected...
-
As a senior manager, you oversee a project with a total estimated cost of 245 engineer- months of effort. Three months ago, however, the project had fallen behind by about 25 engineer-months so you...
-
Police officers are called to the house at 268 South Main Street after a neighbor notices newspapers piling up at the front door. The house is occupied by Carl, his wife Becca, and two small...
-
Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2021 (the end of Beale's fiscal year), the following pension-related data were available ($ in millions) $520...
-
The Ethical Dimension Did any of Magnolias members, managers, or agents act unethically? Explain.
-
What If the Facts Were Different? Suppose that Kuhn and Tumminelli had signed a written operating agreement that required both members indorsements when cashing customers checks. Assuming that Quick...
-
Geoff Gullo owns a small firm that manufactures "Gullo Sunglasses." He has the opportunity to sell a particular seasonal model to Land's End. Geoff offers Land's End two purchasing options: Option 1....
-
Customer data often aren'tfound in company databases and sometimes may not even exist. True or False
-
How does process technology enable effective demand sensing and demand-driven supply chain management?
-
How does process technology enable better forecasting and demand planning in the supply chain?
-
How does process technology facilitate demand forecasting and planning in the supply chain?
-
How does sustainable development as a concept guide managers to do more than just maximize financial outcomes in the short term? What is the fit between the concepts of sustainable development and...
-
Find one example of institutional transitions from developed economies and one example from emerging economies. What are their similarities and differences?
-
a) Calculate the goodwill that was paid by Major Ltd on the acquisition of Minor Ltd. [10 marks] b) Prepare the consolidated statement of financial position for Major Ltd at 31 July 20X8. [30 marks]...
-
Declare a set of private constants called Kingdom that identify the five kingdoms of life: Monera, Protoctista, Fungi, Plantae, and Animalia.
-
George Baxter executed a will that left the bulk of his estate to the Church of Christ in New Boston, Texas. Two members of the church served as the witnesses for the will. Is the will valid? [In re...
-
In 1984, Alexander Tolin executed a will under which the residue of his estate was to be devised to his friend Adair Creaig. The will was prepared by Steven Fine, Tolins attorney, and executed in...
-
Valerie and Flora are the beneficiaries of a trust left to them by their mother upon her death. Their mother named Art Casanelli, a family friend, as the trustee. Flora has seen Art driving a new car...
-
Subtract and simplify: 5x-6x+2-(-2-x+2x)
-
In order to value a company, you would need to forecast its future (a key word here) free cash flows. How would you approach this task? Using downloaded real data, try to make the forecast and see,...
-
share five (5) pieces of advice you would give the class about personal financial planning. Explain each. You might go back and look at the introductions in the first discussion for a general,...
Study smarter with the SolutionInn App