Question
I need help to know where to go. I am having a hard time with this part. Sorry my uncle died and my brain isn't
I need help to know where to go. I am having a hard time with this part. Sorry my uncle died and my brain isn't all there.
This is the question: You are an employee of T&G consulting, with extensive experience in financial management and familiarity with the hospitality industry. A group of four investors has approached your firm with tentative plans to construct three hotels on the Gulf coast of Florida, and the matter has been referred to you. While the group intends to engage legal counsel, they are interested in your keen insight and business acumen before proceeding further.
The hotels will be built one at a time, and it is expected that the entire project will take 6-8 years to complete. The group of investors/developers consists of two men and a woman, all in their 40s, and the woman's father who is in his mid-70s.
Instructions
- During your first meeting with the group, you learn that the woman has much more management experience than the men. In fact, she has indicated a desire to manage the development group that the four will be forming. In that capacity, she would be actively involved in day-to-day operations, while the three men function primarily as sources of capital. You are asked by the group for your recommendation as to what type of business entity they should create. What would you suggest, and why? State the advantages and disadvantages. Please fully explain your answer.
Greetings Katalina,
I appreciate your Deliverable 7 - Financial Management submission. Upon reviewing your work, you discussed the following in accordance to the rubric:
(1) Here, I am confused. You have stated information on an LLP but provide LLC information.
Here, please be clear (give a full explanation. Advantages and disadvantages explained) about yourrecommendation of a business entity (just one business entity).
(2) Your determination of mental decline with respect to contracts minimally explained. Explanation to the client minimally stated.Here, you have an opportunity to provide a determination of mental decline with respect to contracts fully explained. Explanation to the client stated.
(3) Your memo provides responses to some questions and some relevant information.More specific background and assessment information is needed.By completing the above rubric number (1), this will advance you in this area.
(4) You provided a full explanation about personal or real property stated. All information with regards valid contract for the sale of goods stated. All information about applicability the provision of the Uniform Commercial Code stated. Determination about enforceability of this agreement stated.
(4) You provided a full explanation of the provision of the Uniform Commercial Code stated. Full explanation for situations where a party tries to introduce extrinsic evidence in connection with the sale of goods is stated. Full explanation of impact that UCC provision have on the outcome of this dispute.
(3) Your report mostly outlines the issues involved stated. Mostly explained each issue stated.Upon completing (1) and (3), you will fulfill this rubric item.
Please know that I provided specific feedback and insight regarding your submission. I have provided the grading rubric score next to each specific feedback paragraph.
Please review any resources/samples and Live Classroom Recordings provided by Instructor Thomas.
Your overall score on this submission is a 1. You have two more attempts for this deliverable.Thanks!
Inst. I-Eesha
I need help to know where to go. I am having a hard time with this part. Sorry my uncle died and my brain isn't all there.
I wrote the following:
As an advisor from T&G Consulting, is my proposal for this gathering of four people to frame a Limited Liability Partnership (LLP). This kind of association will furnish every one of the four accomplices with constrained individual obligation presentation. This is an exceptionally normal type of business association and favored by different expert gatherings (Example: specialists and bookkeepers) in light of the fact that the accomplices are not at risk for the carelessness of another accomplice. This sort of organization is liable to state law and guidelines relying upon where the business is being made.
Given the situation gave it is prescribed to talk about framing a restricted sort of organization. One of the gathering individuals has communicated their enthusiasm for dealing with the improvement of the gathering and has shown the limit and capacity to take on this job. As a general/overseeing accomplice she ought to have boundless obligation where was the remainder of the noble man who likewise fill in as accomplices ought to have the measure of their risk top to coordinate the measure of their speculation. If you don't mind see the beneath report with respect to this sort of business substance in which we separate a portion of the highlights we accept make it an ideal fit for this current undertaking. Likewise, remembered for this report we have included a few favorable circumstances and inconveniences of choosing this kind of organization so as to give a more extensive image of what could be normal after making this sort of choice.
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