Question: Why do LLCs often have problems borrowing funds for business growth? Because LLC stock is not transferable. Because an LLC can only issue stock certificates

Why do LLCs often have problems borrowing funds for business growth?
Because LLC stock is not transferable.
Because an LLC can only issue stock certificates to members of the company
Because the partners and directors of the LLC do not share responsibility for the debts of the LLC
Because the members of the LLC are not personally liable for the debts and loans received by the LLC

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Why do LLCs often have problems borrowing funds for business growth? Because LLC stock is not transferable. Because an LLC can only issue stock certificates to members of the company Because the...

Q:

Why do LLCs often have problems borrowing funds for business growth? Because an LLC can only issue stock certificates to members of the company Because the partners and directors of the LLC do not...

Q:

Why do LLCs often have problems borrowing funds for business growth? Because members of the LLC cannot legally authorize the business to create debt or to borrow money Because an LLC can only issue...

Q:

please advise. Why do LLCs often have problems borrowing funds for business growth? Because the members of the LLC are not personally liable for the debts and loans received by O the LLC Because...

Q:

Why do LLCs often thave problems borrowing funds for business growth? Because an LLC can only issue storkceitifates to members of the company Because LLC stockis not transferbble. Because the...

Q:

Why is it important for us to understand how the global system of financial institutions and markets works? ros57395_ch01.qxd 12/21/04 2:45 PM Page 1 Part 1 The Global Financial System in Perspective...

Q:

I need a well written student case brief including the following: Facts: statement of the facts of the case General Analysis: the legal principles used to decide the case, including the Issue and...

Q:

Starting a Business/Creating an LLC The process of starting a business is extremely timeconsuming. A successful entrepreneur is aware that careful attention to legal issues is an essential component...

Q:

Deliver an 8 to 10 minute presentation with slides explaining and defending your business idea. Be creative! Sa etsy S o i a a 3 2024 2025 2026 2027 2028 2023 2030 Exhibit 2: Comparison of Business...

Q:

I want answers to the case study below CASE STUDY The Rise, Fall, and Resurrection of Iridium: A Project Management Perspective The Iridium Project was designed to create a worldwide wireless...

Q:

Which compound is more soluble in an acidic solution than in a neutral solution (A) PbBr, (B) CuCl (C) AgI (D) BaF,

Q:

Johnny has a loan for $50,000 at a rate of i(4) = 8% on which he makes quarterly payments of $2,000. In addition, Johnny is depositing $500 a quarter into an account earning (4) = 4%. After how many...

Q:

Assume a speculator anticipates that the spot rate of the franc in three months will be lower than today's 3-month forward rate of the franc, $0.50 = 1 franc.

Q:

Q3: (Please don't use handwriting + please read the attached because the answer should be from the attached) What are the major motivational issues at play in the fast food industry according to the...

Q:

4. Explain how to use fair disciplinary practices.

Q:

3. Give examples of four fair disciplinary practices.

Q:

1. Chip Conley, founder of Joie de Vivre Hospitality, believes that most companies frame their financial incentives in the wrong way. Explain what he means. What does JDV do differently?