Question: 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

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 partmers and diectors of the LLC do not stiare: responsibility for the debts of the LLC
Because the members of the LLC are not Dersonalfy labie for the debts and loens received by the LLC
Why do LLCs often thave problems borrowing funds for business growth?

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 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 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 LLC stock is not transferable. Because an LLC can only issue stock certificates to members of the company Because the...

Q:

Side Agreements Business Law Individual Assignment I. Introduction The Commercial Companies Law of the United Arab Emirates (Federal Law No. 8 of 1984, as amended) provides for seven types of...

Q:

CASE "Aspiring entrepreneurs Bill and Fiona Russell have always had a passion for homebrewing on a small scale. After recent work changes, Bill started researching opening a small brewery, and...

Q:

I need help with writing a legal brief for (ICG Link, Inc v Steen, 363 S.W.3d 533 (Tenn. App. 2011). IN THE COURT OF APPEALS OF TENNESSEE AT NASHVILLE July 12, 2011 Session ICG LINK, INC. v. PHILIP...

Q:

"Aspiring entrepreneurs Bill and Fiona Russell have always had a passion for homebrewing on a small scale. After recent work changes, Bill started researching opening a small brewery, and through an...

Q:

Introduction Bill and Fiona Russell have always enjoyed craft beer, and in recent years have started making small batches at home. As they have experimented, they mastered several niche recipes...

Q:

Ivanhoe Co. had the following account balances: Sales revenue Cost of goods sold Salaries and wages expense Depreciation expense Dividend revenue Utilities expense Rent revenue Interest expense Sales...

Q:

Net income: $10,700 GENERAL LEDGER Chapter 4 Completing the Accounting Cycle PR 4-3A T accounts, adjusting entries, financial statements, and closing entries; optional end-of-period spreadsheet Obj....

Q:

On December 3 1 , Year 1 , SC Community Center, a nonprofit organization, acquired a building with a fair value of $ 5 0 0 , 0 0 0 by signing a mortgage note payable to SC County. The note requires...

Q:

Premise: Using a dictionary and list, create a set of key / value pairs that consists of a musical database. The key / value pairs should consist of Artist Name: Song Names pattern. For example, EACH...