The Orosco brothers have obtained financing to start a new venture. The business will be high-risk as
Question:
The Orosco brothers have obtained financing to start a new venture. The business will be high-risk as to potential liability and is expected to incur losses before becoming profitable. What business entities should the Oroscos consider?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
The Oroscos should consider forming a general partnership and limited liability ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
South-Western Federal Taxation 2022 Individual Income Taxes
ISBN: 9780357519073
45th Edition
Authors: James C. Young, Annette Nellen, William A. Raabe, Mark Persellin, William H. Hoffman
Question Posted:
Students also viewed these Business questions
-
Mohammed is interested in purchasing a house worth 51,750 OMR. Mohammed goes to Sohar Bank (an Islamic bank) for the purchase of the property and puts down 40% of the price as a down payment. Both...
-
Discussion 7 questions make sure to answer all parts of questions detailed Read the Nasdaq article. Select one of the companies and state why you would be willing to invest in the IPO as part of your...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
In view of the information provided below provide suggestions for the efficient management of trade debtors. INFORMATION MANAGEMENT OF TRADE DEBTORS Debtor management is central to the effective cash...
-
1. What are the inputs, processes, outputs, and feedback/control for a grocery store such as Sobeys or IGA? 2. What are the operations decisions for running a grocery' store such as Sobeys or IGA?...
-
The complication rate for the entire semiannual period is __ . a. 0.20% b. 0,02% c. 20.00% d. 2.00% Using the information below answer questions 13 through 15. In these questions, the discharges...
-
What does relevance mean in the context of discovery?
-
Eutsler forged his brother Richards indorsement on certified checks and cashed them at First National Bank. When Richard sought to recover the funds from the bank, the bank stated that it would press...
-
hePrescott Company is assessing its labor costs for the past fiscal year.During the fiscal year, Prescott reported the following information: Standard Hours10,000 Actual Hours12,000 Standard wages...
-
Use a tax research database and answer the following questions. Then repeat answering the problem using either a different tax research database or an Internet search, and compare their ease of use...
-
Barker acquired a 50% interest in Kode Partnership by contributing $20,000 cash and a building with an adjusted basis of $26,000 and a fair market value of $42,000. The building was subject to a...
-
During 2021, Jayden Steele received a distribution of $24,000 on stock he owns in Razorbill Corporation. He had planned to report this amount as dividend income until he talked to his father-in-law,...
-
Go back in the chapter and examine the values of the equilibrium constants for the three dissociations of the triprotic phosphoric acid. Give a reason for why each successive dissociation yields a...
-
The following accounts and normal balances existed at year-end. Make the four journal entries required to close the books: (Use the STEP-BY-STEP CLOSING PROCESS you posted in Discussion One) Retained...
-
How do organizations reconcile the tension between the pursuit of workforce diversity and the imperative to maintain cohesion and alignment within teams, particularly in contexts where diverse...
-
The displacement (in feet) of a certain particle moving in a straight line is given by s-/s where t is measured in seconds. Find the average velocity over the interval [1, 1.8].
-
How do emerging technologies, such as wearable biometric devices and virtual reality relaxation programs, contribute to the development of innovative approaches to stress management, and what...
-
4. Suppose a particle's position (in meters) at time t (in seconds) is given by p(t) = cos(t) + 1. (a) Find the particle's velocity at time t. (b) Consider the first 3 seconds, that is, 0 t 3. Find...
-
Find an example of each type of consumer sales promotion tool. Explain how you obtained the promotion (that is, how did the marketer distributes it to consumers?) and what you think the marketer was...
-
Subtract the polynomials. (-x+x-5) - (x-x + 5)
-
Ursula is employed by USA Corporation. USA Corporation provides medical and health, disability, and group term life insurance coverage for its employees. Premiums attributable to Ursula were as...
-
Data Corporation has four employees and provides group term life insurance coverage for all four employees. Coverage is nondiscriminatory and is as follows: Employee Age Key Employee Coverage Actual...
-
Joe is the beneficiary of a life insurance policy taken out by his father several years ago. Joes father dies, and Joe has the option of receiving the $100,000 face value of the policy in cash or...
-
If you invest $5,000 at the end of every year for ten years at an interest rate of 6%, the balance of your investment in 5 years will be closest to
-
Kaneohe Corp uses a standard costing system and manufactures hula doll lamps. Standard costs for its largest selling product, a mid - size table lamp, are: Item Variable overhead 0 . 6 hr @ $ 8...
-
7. You have the following information about a business, Budding Brews: Current assets: $175,000 Current liabilities: $180,000 (4 points) Can Budding Brews pay off its current debts? Why or why not?
Study smarter with the SolutionInn App