Author Question: There are no warranties of habitability for condominium purchasers. Indicate whether the statement ... (Read 37 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
There are no warranties of habitability for condominium purchasers.
  Indicate whether the statement is true or false

Question 2

You are asked to provide two friends who are in business together with advice regarding what they need to do to legally in order to form a limited liability company. Although your friends like the general notion of limited liability in the operation of their business, they are totally unfamiliar with the legal processes for forming a LLC, so you need to provide them with the basic requirements for LLC creation. What specific advice would you give them?



kswal303

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

FALSE

Answer to Question 2

A limited liability company comes into existence only after articles of incorporation have been filed with the secretary of state. The articles must state the name, purpose, duration, registered agent, and principal office of the business. The name of the entity must include LLC or the words limited liability company.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library