Distinguish personal liability exposure-different lawsuits

Assignment Help Term Paper
Reference no: EM1394013

The paper should be two to three pages comprising title page and reference pages, and formatted according to APA style as explained in Ashford Writing Center.
Reply all parts of following questions:

Suppose that you own each of following businesses:
Tinker's Home Security Service (sole proprietorship)
Tinker & Tailor's Home Security Service (general partnership)
Tinker & Tailor's Home Security Service (LP)
Tinker & Tailor's Home Security Service, Inc. (corporation)
Tinker & Tailor's Home Security Service, LLC (LLC)

a. Businesses are being sued for breach of contract. In the chart which doesn't exceed one-half of a page, distinguish your personal liability exposure as the result of different lawsuits. In one paragraph, explain how you might limit liability exposure in each particular business organizational form.

b. After completing first part of this exercise, explain one business which you may own some day or that you presently own. (Even if you never plan to own business, pretend as if you will do so for purposes of assignment. Recognize best business organizational form for type of business which you have described, considering personal liability exposure also management, taxation, and ease of formation.

 

Reference no: EM1394013

Questions Cloud

Calculate the total money creation in the economy : Calculate the total money creation in the economy with the help of formula and how the banks create money with the help of given information.
Activation of metabotropic glutamate receptors : Activation of metabotropic glutamate receptors in neurons is often coupled to the activation of phospolipase C PLC.
Determine optimization modeling : Woodco manufactures tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board feet of pine are available.
Balances that fallow a normal curve : A large population of overdue bills has balances that fallow a normal curve. When we take a sample of 100 of these the average is $500 and the standard deviation is $100.
Distinguish personal liability exposure-different lawsuits : Distinguish your personal liability exposure as the result of different lawsuits. In one paragraph, explain how you might limit liability exposure in each particular business organizational form.
Fluid balance in homeostatic controls : Concerns surrounding both dehydration and over hydration. Focus on water, sodium and potassium. How reliable is thirst as a guiding factor in fluid intake?
Rolling a die simulate die : Rolling a die Simulate 36 rolls of a fair die. Give the relative frequency and the corresponding theoretical probability of each of the outcomes and compare them.
Design a program which lists the total points scored : Watson Elementary School contains 30 classrooms numbered 1 through 30. Each classroom can contain any number of students up to 35. Each student takes an achievement test at the end of the school year also receives a score from 0 to 100.
Analyzing data for current careers or jobs : Within each of your current careers/ jobs, there are sets of data that can be analyzed. For example, a teacher can use a set of test scores, a dietician can analyze a set of patient weights and correlate them to incidences of diabetes, and a sales..

Reviews

Write a Review

Term Paper Questions & Answers

  Teacher supervision project

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  Which were the main options available to the nokia firm

Which were the main options available to the Nokia firm in terms of growth? Why do you think the company decided to innovate following a specific route?

  Coping with terrorism & terrorist acts

Discussion on  "Coping with Terrorism"  and  "Current Events – Terrorist Acts".

  Current events and u.s. diplomacy

Discussion on  Current Events and U.S. Diplomacy,  "Divorcing America", and  "The Rise of China".

  Word research paper on the economic

Word research paper on the economic and Social or environmental effects of the widespread use of robots in factories

  Research and writing

Research and Writing: Brief Assignment,  Review the fact pattern provided below. At this time, Mr. Kant stands convicted of either petit larceny or shoplifting, as dictated by your state statutes,

  Explain the use of silence suppression

Write down the 500-word paper which describes what silence suppression is, why silence suppression is used, what could be utilized instead of silence suppression.

  Explain how ethnicity issues influence criminal justice

Write down a three to five page paper explaining ethnicity issues and how they influence criminal justice, create potential conflict, and how they should be managed suitably.

  Developing a balanced scorecard

Developing a Balanced Scorecard, Prepare  Individual Assignment: Developing a Balanced Scorecard and  Shared Activity: Balanced Scorecard Performance Analysis.

  Helper t-cells

Helper T-cells,  he slide should have 3 or 5figures max and a series of bullet points that explain the player. The slides will then constitute a study guide that should help you with the immune response learning units. Next week you will put all th..

  The new leadership: managing participation in organizations

Write Article about the new leadership: Managing participation in organizations.

  Planning and decision making

Types of Information Technology Capabilities and Competitive Advantage

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