Actions constitute taking part in control of business

Assignment Help Operation Management
Reference no: EM132142446

Lane and Louis were limited partners in a real estate venture. After the business was in financial difficulty, these limited partners had two meetings with the general partners to discuss the problems of the venture. In addition, Lane visited the construction site and “obnoxiously” complained about the work that was being conducted. Do these actions constitute taking part in the control of the business so that the limited partners become liable as general partners? Explain.

Reference no: EM132142446

Questions Cloud

Administrator deal with the problem of qualified spouse : How does an administrator deal with the problem of a "qualified spouse"?
Low and high consequence work-oriented : Give example of following types of decisions that you have had to make. Low consequence work-oriented. High consequence work-oriented.
Periodically purchase bulk quantities of washers : A manufacturing operation must periodically purchase bulk quantities of washers. What is the economic order quantity (in boxes)?
Develop flowchart for the inventory management process : Develop a flowchart for the inventory management process of SuperHero Ltd.
Actions constitute taking part in control of business : Do these actions constitute taking part in the control of the business so that the limited partners become liable as general partners? Explain.
Best alternative to negotiated agreement used in negotiation : How is BATNA (Best Alternative to a Negotiated Agreement) used in negotiations? Explain the strategies and tactics standards in negotiation.
How does social behavior vary in different cultures : How does social behavior vary in different cultures? Explain with two examples
Legal and ethical challenges in multinational organization : Legal and Ethical Challenges in a Multinational Organization. identify potentional ethical issues and propose recommendations legal and ethical.
Could the property owner ratify the agreement : Explain the nature of the buyer’s action and indicate how the case may be decided. Could the property owner ratify the agreement?

Reviews

Write a Review

Operation Management Questions & Answers

  Provides management services to music artists

Live Nation operates music venues, provides management services to music artists,

  Four set of resources require scheduling for united airlines

What four sets of resources require scheduling for United Airlines? What is the first piece of information needed to begin this scheduling process?

  Actress under contract with twentieth century

Shirley is an actress under contract with Twentieth Century. Can Shirley successfully prevent this assignment?

  Buying behavior would affect marketing activities-strategies

Examine how these buying behaviors would affect marketing activities/ strategies. Be sure to provide supporting evidence for your statements.

  Use in order to effectively implement your strategy

Outline the action plan (who, what, and when) that you would use in order to effectively implement your strategy.

  Which organizational theory could help the team diagnose

Management and employee relationships are strained company-wide. Which organizational theory could help the team diagnose their issues?

  Do you think there is some way a organization can hold

Do you think there is some way a organization can hold true to their traditional belief also still advance into the future. A metal-cutting operation has a target value of 20 also consistently averages 19.8 with a criterion deviation of 0.5.

  Market making annual payments

M Co. has bonds on the market making annual payments, with 11 years to maturity, and selling for $963.00. At this price, the bonds yield 8 percent. What must the coupon rate be on M's bonds?

  Should mop and broom produce the mop with the new

The mop can be made with the current equipment in place. Estimates of fixed costs per year are $40,000, and the variable cost for each mop produced is $19.

  Define were the actions of the employee appropriate

The employee notified the facility union representative, who promptly called OSHA to report the concerns. Subsequently, OSHA arrived and conducted an inspection; multiple violations were issued to the company concerning forklift operators who had ..

  Research–asset misappropriation

Conduct research in the Kaplan library accessed through the home area of the course room and locate an article on noncash asset misappropriation. Discuss the article in terms of prevention and detection.

  What costs would be involved in transitioning to this system

What costs would be involved in transitioning to this system? What other approaches could be used to reduce waiting line times?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd