Is a limited liability company an appropriate form of ownership for an aggressive entrepreneurial firm, and why

Question:

Is a limited liability company an appropriate form of ownership for an aggressive entrepreneurial firm, and why might this be so?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Entrepreneurship Successfully Launching New Ventures

ISBN: 978-0133797190

5th edition

Authors: Bruce R. Barringer, R. Duane Ireland

See More Books

Question Posted: Aug 26, 2015 05:41 AM

See More Questions

A shareholder in a limited liability company is not personally liable for any of the debts of the company, other than for the value of his investment in that company. Explain why limited liability...
A limited liability company is becoming a common business form, with most states having passed legislation allowing this entity form. Use the Internet to find out more information about LLCs. Use...
Why would a limited liability company (LLC) choose to be taxed as a corporation, rather than as a partnership?
Once an LLC has engaged in a dissolution procedure, the business does not stop immediately. True/False
Consider the valve failure data in Example 7.6. Set up a CUSUM chart for monitoring the time between events using the transformed variable approach illustrated in that example. Use standardized...
How can food service operations help people who need to control their intake of fats and cholesterol?
Describe the relationship between resources, capabilities, and competitive advantage.
ETA Company had a remaining credit balance of $20,000 in its under- and over-applied factory overhead account at year-end. The balance was deemed to be large and, therefore, should be closed to Work...
X Company is trying to decide whether to continue using old equipment to make Product A or replace it with new equipment that will have lower operating costs. The following information is available:...
A semiconductor sample has a rectangular cross section 1.5 by 2.0 mm, and a length of 11.0 mm. The material has electron and hole densities of 1.8 10 18 and 3.0 10 15 m 3 , respectively. If e =...
What are the advantages and disadvantages of a limited liability company?
Under what circumstances should ethical considerations be part of a companys business plan? Should a company periodically measure its ethical performance? If so, what are the best ways for a firm to...
Should the government provide grants for entrepreneurs starting new businesses? Should the government guarantee loans for small businesses that are missing the necessary track record, assets, or...
2. Ten bars of a certain quality are tested for their diameters. The results are given below. Test the hypothesis at a 95% level of confidence that the mean diameter of the bars produced by the...
Write out the state of the list while being sorted using the bubble sort algorithm. 5 8 3 6 9 5 Java code is required.
f(x) = 2 X x + 25 X local maximum value local minimum value Need Help? Read It
Airbed and Breakfast (428 words): The Startup Story of AirbnbBrian and Joe were flat mates in downtown San Francisco. In mid-2007, IDSA conference crowded downtown, filled all hotel rooms, and drove...
# We are testing Null: = 100 against Alternative: 100 using a sample size of 15. The critical values for t for a = .10 are
Briefly discuss the ways in which a company may be wound up, indicating the likely circumstances in which each is applicable.
a) Calculate the goodwill that was paid by Major Ltd on the acquisition of Minor Ltd. [10 marks] b) Prepare the consolidated statement of financial position for Major Ltd at 31 July 20X8. [30 marks]...
To be useful, accounting information must be: (a) understandable. (b) relevant. (c) timely. (d) all of the above.
What are the primary elements of the Operations component of the Barringer/Ireland Business Model Template?
How do fixed costs differ from variable costs?
What is a revenue stream and why is it so important to a firms short- and long-term success?
Compute the value of ordinary bonds under the following circumstances assuming that the coupon rate is 0.06:(either the correct formula(s) or the correct key strokes must be shown here to receive...
A tax-exempt municipal bond has a yield to maturity of 3.92%. An investor, who has a marginal tax rate of 40.00%, would prefer and an otherwise identical taxable corporate bond if it had a yield to...
Please note, kindly no handwriting. Q. Suppose a 3 year bond with a 6% coupon rate that was purchased for $760 and had a promised yield of 8%. Suppose that interest rates increased and the price of...

Is a limited liability company an appropriate form of ownership for an aggressive entrepreneurial firm, and why

Question:

Step by Step Answer:

A limited liability company is an appropriate form of ownership ...View the full answer

Entrepreneurship Successfully Launching New Ventures

Students also viewed these Management Leadership questions