1. Are members of an LLC personally liable for the debts of the business. 2. Isnt it...
Question:
2. Isn’t it obvious, then, that the court should grant the motion for summary judgment?
3. Isn’t the whole point of an LLC to protect personal assets from business liabilities? Why would the court deny the motion for summary judgment?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
1 No not as members theyre not 2 The court did ...View the full answer
Answered By
Shubhradeep Maity
I am an experienced and talented freelance writer passionate about creating high-quality content. I have over five years of experience working in the field and have collaborated with several renowned companies and clients in the SaaS industry.
At Herman LLC, an online collective of writers, I generated 1,000+ views on my content and created journal content for 100+ clients on finance topics. My efforts led to a 60% increase in customer engagement for finance clients through revamping website pages and email interaction.
Previously, at Gerhold, a data management platform using blockchain, I wrote and published over 50 articles on topics such as Business Finance, Scalability, and Financial Security. I managed four writing projects concurrently and increased the average salary per page from $4 to $7 in three months.
In my previous role at Bernier, I created content for 40+ clients within the finance industry, increasing sales by up to 40%.
I am an accomplished writer with a track record of delivering high-quality content on time and within budget. I am dedicated to helping my clients achieve their goals and providing exceptional results.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Introduction To Business Law
ISBN: 9780324826999
3rd Edition
Authors: Jeff Rey F. Beatty, Susan S. Samuelson
Question Posted:
Students also viewed these Business Law questions
-
1. In theory, are Andersen partners personally liable for the debts that Andersen incurred in connection with the Enron case? 2. If you were a creditor of Andersen, what case would you make that some...
-
1. Is Mr. Mohammed and Mahmood personally liable for the payments due to LL Partners? Discuss. 2. Will Mr. Mahmood win the case and be relieved. Discuss. 3. Is the partnership liable for the claims,...
-
Consider the annual returns produced by two different active equity portfolio managers (A and B) as well as those to the stock index with which they are both compared: Period 1 2 3 4 5 6 7 8 9 10 % %...
-
Provide a detailed description of the JDBC three-tier model and its function.
-
Identify the apparent flaws in Le-Nature's corporate governance. Relate those flaws to the five components of the COSO internal control framework and the "fraud triangle."
-
Describe types of workpieces that would not be suitable for machining on a machining center. Give specific examples.
-
Assume that interest rate parity (IRP) exists. Assume this information provided by todays Wall Street Journal: Spot rate of British pound = $1.80 6-month forward rate of pound = $1.82 12-month...
-
Squeezers Juice and Tea Company manufactures juices and chai teas that are sold at organic foods stores. Several of its products have been featured in movies because the companys products are popular...
-
Determine the distribution of the data pictured below 6 Frequency 5 4 3 2 1 1 2 3 4 5 6 data Uniform Bell-shaped Skewed-right Skewed-left
-
Your brother has just started a new job as the Controller of an IESBA restricted audit client. You do not serve on the audit engagement. What steps must you take to ensure your independence is not...
-
Match the following terms with their definitions: ___ A. Easement ___ B. Fee simple defeasible ___ C. Adverse possession ___ D. Fixture ___ E. License 1. Temporary permission to enter upon anothers...
-
True or False: 1. The owner of a fee simple absolute could lose the property if she uses it in a prohibited manner. 2. If one joint tenant dies, his interest in the property passes to surviving joint...
-
Refer to the data on the girth, in centimeters, of grizzly bears in Table D.6 of the Data Bank. A computer calculation gives (a) Does the 95% confidence interval cover the true mean girth of all...
-
Why is it necessary for the auditors to establish a threshold of materiality?
-
In your audit of June Company, you are investigating an increase in sales during the current year and have made inquiry of the sales manager, who tells you the increase is due to a sales price...
-
Analyse Cato Lifts Ltds current approach to sales and marketing.
-
What situation would have to exist for the achieved overall audit risk to exceed the planned overall audit risk?
-
When examining documentation supporting costs and expenses, an auditor must consider its availability and its reliability. Discuss the reliability and adequacy of documentation you would expect for...
-
What is the key difference between community property and common law equitable distribution states?
-
When a company has a contract involving multiple performance obligations, how must the company recognize revenue?
-
Evaluate the integrals in Problems 3348. [xe 0 xe-r Xe dx
-
1. a. List the four unfair labor practices identified by the court. b. What test did the court employ in determining whether the employer coercively interrogated Steele? c. What evidence supported...
-
1. What test did the ALJ and the NLRB employ to determine whether the placement of hidden surveillance cameras was a mandatory subject of bargaining? 2. Why did the union win this case? 3. If you...
-
1. Set out the two-part test the court employed to determine whether Diamond Walnut violated the National Labor Relations Act by discriminating against its employees because of their participation in...
-
DUX COMPANY Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s) 2018 2017 Assets Cash Accounts receivable Less: Allowance for uncollectible accounts $ 39 $ 23 47 53 (5) (4) Dividends...
-
Frank Incorporated is trying to decide whether to lease or purchase a plece of equipment needed for the next 10 years. The equipment would cost $53,000 to purchase, and maintenance costs would be...
-
Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 12,500 units follow. The company targets a 10.0% markup on total cost. Variable Costs...
Study smarter with the SolutionInn App