Question
Watson Diggs and Paul Caine form Diamond Group LLC. Watson invests $1,000 into the Diamond Group and Paul invests $500. One of the Diamond Groups
Watson Diggs and Paul Caine form Diamond Group LLC. Watson invests $1,000 into the Diamond Group and Paul invests $500. One of the Diamond Groups vans was in an accident with Joe Doe who has sued the company for $1,000,000. Is Watson personally liable to Joe Doe for any of the $1,000,000 owed by the Company? Is Paul personally liable to Joe Doe for any of the $1,000,000 owed by the Company? Could Paul or Watson lose any part of their investment into the Company?
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Traveling Consultants Guide To Auditing UNIX
Authors: Mark Adams
1st Edition
1105616398, 978-1105616396
