Commerce of Acquiring Shareholders There are different benefits to commerce of acquiring shareholders, and other entities that shield their members in regard to protection from personal liability. The primary benefit is it allows the shareholders, in the course of joint agreement, this will allow themselves to be exempt from liability, whereas the general partners bear the main responsibility for their actions. This will force the top executives and other members involved to be responsible for their
Words: 1018 - Pages: 5
Discuss with your Learning Team the following questions as related to the Week One objectives: What are the benefits to commerce of having shareholders—and other entities that shield their members—protected from personal liability? The main benefit to commerce to having shareholders is forcing top executives and other members of management to be accountable for their actions. When the shareholders have a vested interest in the company operations a duty exist on both sides to insure the company
Words: 586 - Pages: 3
and only rarely in negligence lawsuits. 2. What is defamation? Defamation of character involves wrongfully hurting a person’s good reputation. The law imposes a general duty on all persons to refrain from making false, defamatory statements of fact about others. Breaching this duty in writing or in another permanent form involves the tort of libel. Breaching this duty orally involves the tort of slander. 3. What is fraudulent misrepresentation? What is appropriation of one’s likeness? A misrepresentation
Words: 4939 - Pages: 20
Business Law II Research Paper The advantages, from a liability standpoint, of a business incorporating and that given a business is going to incorporate…the difference in tax treatment between a C-Corp, Subchapter S and an LLC When businesses are started, one consideration that must be made is what type of business it will be. Many decide to incorporate themselves and look to the advantages they may gain from this. Liability may be one of the biggest advantages to incorporating
Words: 4128 - Pages: 17
Starting a business is a challenging process. It is imperative to consider what form of business would best suit the unique product or service. The decision to form a specific type of business depends on many factors including tax, accounting and legal implication as well as the structure and liability of the business. In this paper the focus will be on establishing my wedding photo studio, the advantages and disadvantages of different business structure and the consequences associated with each
Words: 1246 - Pages: 5
boss and making all the management decisions is extremely appealing to many. However, there are many considerations and plans to make before actually starting the business. Aside from the obvious of choosing what it is one wants to do, a person must consider how to acquire the funds to start the business, what liabilities the company and owners may be exposed to and whether additional help will be needed to run the business. Our current venture is to start a business of selling pet treadmills.
Words: 2166 - Pages: 9
Businesses can expand and originate from various entity types. Limited or general partnerships, corporation, sole proprietorship, nonprofit organizations, Limited Liability Company (LLC), and Limited Liability Partnership (LLP) may be a few examples of the styles available for business shareholders and owners to choose from in order to carry out their business operations. Each and every style may have its own gains and setbacks as regards taxation, liability and government regulations and laws.
Words: 1897 - Pages: 8
LAW 531 Final Exam - IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/LAW-531-Final-Exam-A-Exam-76543567.htm If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com 1 Under the Anti-Cybersquatting Consumer Protection Act, which of the following is true? Penalties are imposed for obtaining any domain name that infringes on a valid trademark.Domain names are granted only after ensuring that they do not infringe on a valid
Words: 2688 - Pages: 11
LAW 531 Final Exam - IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/LAW-531-Final-Exam-A-Exam-76543567.htm If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com 1 Under the Anti-Cybersquatting Consumer Protection Act, which of the following is true? Penalties are imposed for obtaining any domain name that infringes on a valid trademark.Domain names are granted only after ensuring that they do not infringe on a valid
Words: 2688 - Pages: 11
individuals The Legislative Branch * Created by Article 1 of the Constitution * House of Representative * Senate * Responsible for the creation of new laws * Congress is generally responsible for where the money comes from and where the money is spent * All statutes start as BILLS * Bills must be passed by both the House and the Senate * Bills that pass both houses must be signed into law by the president or.. * The president can VETO the bill * If
Words: 17272 - Pages: 70
