Which form of alternative dispute resolution occurs when

Assignment Help Business Law and Ethics

Reference no: EM13470865

Which of the following is one of the major purposes of a settlement conference?

When parties agree in advance to adhere to an arbitrator's decision and award, it is known as
George has served Mary with a complaint alleging breach of contract. Mary has never been sued before and as such, she seeks your advice on what to do with the complaint. You advise that she
Which of the following is true in the creation of a general partnership?
Which form of alternative dispute resolution occurs when the parties choose an impartial third party to hear and decide their dispute?
Which type of business formation is typically reserved for professionals such as accountants, lawyers, and doctors?
What is the effect of having a corporation as the general partner of a limited partnership?
Which of the following is true of a corporation?
Which of the following is true regarding mediation?

Fred and Ginger are general partners in a business. They decide to purchase a building for the partnership. Ginger will put up the money for the building, and Fred will complete the remodeling. While inspecting the building, Fred is informed that the building is packed full of asbestos. He fails to tell Ginger of the presence of the substance. They buy the building and go into business. During the remodeling of the building, people from the neighborhood begin complaining about the dust from the building. Some of them even threaten to sue. Who is liable?

The Black Squirrel limited partnership has been in operation for many years, but has recently fallen on hard times. The partners have decided to dissolve, although there are few assets remaining in the partnership. Shortly after the partnership filed its certificate of limited partnership, the partners had the foresight to incorporate into their partnership agreement a provision that, in the event of dissolution, the assets would be distributed in payment of claims first to limited partners, then to general partners, then to creditors. Hilda is a limited partner and feels relieved that she will receive at least a portion of her capital. Henry, one of the general partners, said that this provision is void and unenforceable. Which of the following best describes this situation?

Martha started a flower shop as a sole proprietor. After 1 year, she was forced to close the shop because business was so bad. At that time, the business assets totaled $50,000, but the business liabilities totaled $125,000. Which of the following statements is true?
Which of the following is true of The Federal Arbitration Act?
There are two general partners, each of whom contributes $5,000 in capital to a limited partnership. There are two limited partners, each of whom contributes $20,000. The total amount of capital contributed is $50,000. The limited partnership agreement does not stipulate how profits and losses are to be allocated. Assume that the limited partnership makes $300,000 in profits. Under the Revised Uniform Limited Partnership Act (RULPA), how much would each partner receive?
Which of the following is true about the choice of business entity for an entrepreneur?
Which of the following is true of arbitration?

Reference no: EM13470865

Questions Cloud

Discuss the differences between substantive law procedural : complete the addressing international legal and ethical issues simulation located on the student website.write a

Find probability that of the last 100 new juvenile : research on new juvenile delinquents revealed that 38 of them committed another crime.a. what is the probability that

Discuss the functions and role of law in your past or : resource case brief cipollone v. liggett group inc. et al. inch. 2 section 2-6 commerce powers of the textwrite a 700-

Write a minimum of two 2 pages comparing and contrasting : write a minimum of two 2 pages comparing and contrasting the tenant rights and duties of two states one state should

Which form of alternative dispute resolution occurs when : which of the following is one of the major purposes of a settlement conference?when parties agree in advance to adhere

The manufacturer would like to establish inventory levels : the monthly sales of mufflers in the richmond va area follow the normal distribution with a mean of 1200 and a standard

For the midterm paper you need to engage in independent : for the midterm paper you need to engage in independent research using your text the lexisnexis library and internet

State the null hypothesis and the alternate hypothesis : the amount of water consumed each day by a healthy adult follows a normal distribution with a mean of 1.38 liters. a

Demonstrate the ability to retrieve documents through : demonstrate the ability to retrieve documents through advanced searches refine search strategies and explain the

User Account

All Pages