Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Good day, Can you please help me with these questions. Tricia and troy are starting a pharmacy. after meeting with their attorney and accountant, they
Good day,
Can you please help me with these questions.
- Tricia and troy are starting a pharmacy. after meeting with their attorney and accountant, they decide they want to begin using the simplest form of busines organization they can. However, their primary concern is personal liability. They don't want to jeopardize their personal assets for business obligations. They 'll also need to obtain financing to get the business started. A few investors have expressed some interest, but they'll invest their money only if they receive some stake in the business or some possibility of return for their investment. The investors want to have no part in running the business and want to be sure they have no liability for business debts. What form of business organization would you recommen ? Why? Explain why other forms of business organizations wouldn't meet their needs.
- discuss the mirro -image rule, specifically stating what rule means.then give a set of circumstances in which the mirror -image rule would apply
- Jill and Abraham have a dispute and wish to settle it without litigation. They're considering mediation or binding arbitration. discuss and compare the features of these two forms of alternate dispute resolution.
- Terrence, an adult, enters into a contract with Bobby, a 16-year-old. Before either party changes position, Bobby's parents find out and tell Terence the deal is off. Can Terrence enforce the contract?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started