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Question: Limited Liability Companies. John, Lesa, and Trevor form a limited liability company. John contributes 60 percent of the capital, and Lesa and Trevor each contribute 20 percent. Nothing is decided about how profits will be divided. John assumes that he will be entitled to 60 percent of the profits, in accordance with his contribution. Lesa and Trevor, how-ever, assume that the profits will be divided equally. A dispute over the profits arises, and ultimately a court has to decide the issue. What law will the court apply? In most states, what will result? How could this dispute have been avoided in the first place? Discuss fully.
Patricia argued that the trust was testamentary and therefore invalid because it failed to comply with the statute of wills. Was this a testamentary or an inter vivos trust? Explain.
Roarke borrowed money from the State Bank of Albany and signed four notes to evidence the loan. The notes were not accompanied by a Truth in Lending Act.
In what way might the attributions we make about the consequences of our behaviors be more important than the consequences themselves?
Write a 700- to 900-word paper in which you do the following: Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas
A female police officer becomes pregnant and after a scuffle with an arrestee, is told by her doctor to request a light-duty assignment.
A decision maker with a quadratic utility function is offered the following lottery: If the risk aversion coefficient is λ = 1/150,000: What is the certainty equivalent of the lottery? What is the risk premium?
As noted in the chapter, healthcare organizations are faced with the challenge of balancing internal equity with external competitiveness.
Facts - describe the pertinent facts of the case. Analysis - Analyze the case by applying the pertinent facts of the case to the elements of the law and/or theories of the law
The list has a brief profile of the employees. John asks you to help him analyze the profiles and present your recommendations as to who are the best five employees for the Atlanta assignment
Do some research and then answer the following questions. What were two well-known clothing brands that were manufactured in the Rana Plaza
you are needed to identify risk management issue of crowd management at music festivals and write an essay which
This assessment task is designed to assist students to explore their own profession, as evidenced by their previous qualification, current or previous employment, e.g. accounting, law, teaching, medicine, so as to determine whether it is a true pr..
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