Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 24 Tom, owner of Bottle King LLC, a fully insured limited Liability Company, punches a customer after a disagreement in the store a. Tom

image text in transcribed
QUESTION 24 Tom, owner of Bottle King LLC, a fully insured limited Liability Company, punches a customer after a disagreement in the store a. Tom cannot be personally liable because the business is an LLC O b. Tom cannot be personally liable because he is fully insured O C. Tom is personally liable because he committed a tort d. Tom is personally liable because he intentionally hit the customer QUESTION 25 Tim and Matt each owned 509% of their ice Cream LLC business. Tim fies for bankruptcy a. Matt may now make material decisions without Tim's consent The biu c mau continue witho it Tim ers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Principles And Applications

Authors: Sheridan Titman, John Martin

14th Global Edition

1292349824, 978-1292349824

More Books

Students also viewed these Finance questions

Question

5. Describe the relationship between history and identity.

Answered: 1 week ago

Question

8. Explain the contact hypothesis.

Answered: 1 week ago

Question

2. Define the grand narrative.

Answered: 1 week ago