Law and Politics

Explain what is meant by limited liability related to corporations.

Started by 2125004343

Indicate three significant results of a corporation being classed as a separate legal personality.

Started by BRWH

Joe is a shareholder of XYZ Corporation, an extremely profitable corporation in the software ...

Started by dbose

Explain what is meant by a preferred share.

Started by anshika

Indicate the main disadvantages to incorporation.

Started by sarasara

Explain the significance of the determination that a corporation is a broadly held corporation as ...

Started by j.rubin

Explain how a person's status as a limited partner could be lost.

Started by cdr_15

Joe and Sam set up an import/export business in partnership, but they need extra money. Harry is ...

Started by segrsyd

If a person wants to invest in a partnership but avoid the obligations associated with partnership, ...

Started by codyclark

Joe, Sam, and Harry set up an accounting partnership in a small town. To earn money on the side, ...

Started by yoroshambo

Explain how the principle of fiduciary duty works in a partnership relationship.

Started by burton19126

Explain what a retiring partner should do to ensure that he is no longer liable for the company's obligations.

Started by captainjonesify

Joe entered into partnership with two others in the establishment of a real estate sales agency. The ...

Started by rayancarla1

Explain the liability of a partner for another partner's actions.

Started by bucstennis@aim.com

Joe sold Harry his barber shop for $100 000. He was paid $20 000 in cash, the other $80 000 to be ...

Started by Kikoku

Explain why the law of partnership poses a danger to people carrying on joint business activities.

Started by abc

"A partnership can be created by the conduct of the parties." Discuss the accuracy of this statement.

Started by justinmsk

"As in other forms of business, when decisions are to be taken, the majority of the partners must ...

Started by faduma

Discuss the advantages and disadvantages of partnership as a method of carrying on business compared ...

Started by student77

What are the advantages and disadvantages of being a sole proprietor?

Started by 09madisonrousseau09

A franchisee provides the product, equipment, and a licence to use the name, trademark, and logos.

Started by fasfsadfdsfa

When a personal guarantee has been signed by a shareholder, the creditor can demand payment from ...

Started by sabina

If expected dividends are not paid to preferred shareholders, there is no right to sue although ...

Started by crazycityslicker

To protect directors from exposure to personal liability in the case of violations of statutes ...

Started by jenna1

Directors owe a fiduciary duty to the corporation.

Started by ETearle