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Upon graduation from college, Bob, Carol, Ted, and Alice formed Kotaku, LP, a limited partnership, to distribute video gaming software over the Internet. Bob and Carol each contributed $50,000 and became the general partners. Ted and Alice each contributed $25,000 and became the limited partners. Bob and Carol oversee the day to day management of the business. They hire designer, Nick, who develops their number one selling software program, Dawn of Ka. The company sends Nick as a representative to the annual Comic-Con convention in San Diego to promote their products. Nick rents a car to travel from the hotel to attend the convention and entertain potential clients. While there, Nick negligently causes a car accident and runs over a pedestrian, Ralph, who is seriously injured as a result. As a result, Ralph sues to recover damages and names Kotaku, LP, Bob, Carol, Ted, Alice, and Nick in the lawsuit. Discuss the liability of each party and the potential amount Ralph might recover from each.
A manager is quite concerned about the recent deterioration of a section of the roof on a building that houses her firm's computer operations.
Should Kim install the additional equipment if she expects a pretax payback period of three years or less?
Is counterfeiting of Louis Vinton always a negative. Are re any circumstances where it can be seen as having some positive aspects.
If she anticipates demand for 20 barges during the next year, should she enter this Business?
From an economic perspective, was the shift to a free trade regime in the textile industry good for Bangladesh?
In need of cash, Adrien transfers the instrument for value by blank indorsement back to Jess. When told that Ben has left the country, Jess strikes out Ben's indorsement.
"Fireside Tire Company, a manufacturer of radial tires for sport utility vehicles, sells its products in the automotive aftermarket and distribution them throughout the United States.
Whole Foods buys organics beets from two suppliers, one in Ames and one in Zearing. The price per unit of the Ames beets is $4.50 and the price per unit of the Zearing beets is $7.00.
onsider the following bill of material. Fifty units of Product A are required. Assuming no on-hand inventory, explode the bill of material. If 17 Ps are required also no on-hand inventory exists for any items, elucidate how many Cs will be require..
Define the term de facto corporation and list the 3 terms that must exist in order for it to exist. Define the term corporation by estoppel.
Under what environmental conditions are price wars most likely to occur in the industry? What are the implications of price wars for a company?
Did the U.S. attorneys and the securities and exchange commission use good judment in in-dicting Martha Stewart? Do you belive that her indictment was based on evidence of a serious crime
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