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Author Question: Why is the issue of limited personal liability so important for an independent restaurateur? What ... (Read 65 times)

jparksx

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on: Aug 10, 2018
Why is the issue of limited personal liability so important for an independent restaurateur?
 
  What will be an ideal response?

Question 2

What are some of the flavors that can be found in Chardonnay wine?
 
  What will be an ideal response?


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Zack0mack0101@yahoo.com

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Reply #1 on: Aug 10, 2018
Answer to Question 1

Limiting one's personal liability for debts of an operation as well as for any legal judgments that may be imposed on the operation helps protect an individual owner's personal assets. Because this is true, in many cases business and tax advisors counsel operators to form an LLC or a corporation whose purpose, in part, is the limitation of liability.

Answer to Question 2

Green apple or ripe pineapple to gravel or flint; pear, lemon, lime, mango and papaya; vanilla, wet wool, butterscotch, toffee, toast, nuts and butter


jparksx

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Reply #2 on: Aug 10, 2018
Both answers were spot on, thank you once again


Zack0mack0101@yahoo.com

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Reply #3 on: Aug 10, 2018
Great! Please up vote :D


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