What does joint and severable liability mean

Assignment Help Operation Management

Reference no: EM131777513

1. How does the formation of a limited partnership differ from the formation of a general partnership?

2. What are some of the basic differences between general partners and limited partners, in terms of their function and liability in a limited partnership?

3. In general, what are the basic requirements for forming an LLP?

4. What does “joint and severable” liability mean?

Reference no: EM131777513

Questions Cloud

Trust organizations and corporate funding : 1. What types of programs or issues might you seek research grant funding for? Who might be interested in funding such a program?

What accounts for the differences : A comparison of the EEOC Newsroom press release to the news item from the state where the lawsuit occurred. What accounts for the differences?

Strengthen forecasting analysis for product development : How to strengthen forecasting analysis for product development, also how to expand through acquisitions?

What is filer cost of equity : What is Filer's cost of equity? Enter the answer with 4 decimals (e.g. 0.2345)

What does joint and severable liability mean : What does “joint and severable” liability mean? How does the formation of a limited partnership differ from the formation of a general partnership?

What is your legal responsibility when working with a client : Confidentiality When Dealing with Suicidal Client. What is your legal responsibility when working with a client who is seriously contemplating suicide?

Social relationships affect marketing and e-commerce : Explain how the “social graph” or social relationships affect marketing and e-Commerce. Define the term E-Commerce.

Define eugenics : Is the study of genetics (especially heredity) sufficiently predictable to justify using it to make decisions such as those imposed on Carrie Buck?

What are the consolidation entries needed as of december : If the equity method had been applied by Vacker for this acquisition, what are the consolidation entries needed as of December 31, 2011

User Account

All Pages