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

  Use of financial data in strategic decision-making

Report describe the ways in which timely and accurate financial data provide a powerful tool for managers to use in the decision-making process. Strategic decisions can particularly benefit.

  The new leadership: managing participation in organizations

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

  Discussion on national security

Discussion on  National Security and  Current Events – Nuclear Weapons and Nuclear Energy.

  Paper on deming theory

Paper on Deming theory: Dr. W. Edwards Deming developed a method for the quality improvement process. He believed that the identification and correction of defects after production is not effective.

  Case study:the hp-compaq deal

Why is a state agency involved in environmental quality? Why isn't this a matter for a federal agency?

  Write a report on distribution system design

Write a report on Distribution System Design.  Managerial report could have the subsequent structure: 1) Executive summary; 2) Detailed report. Report inhibits:Executive Summary

  Role of the government in the financial markets

Write a Term paper on role of the government in the financial markets

  Suggest a swot analysis for the company

Considering the micro and macro levels of marketing, please suggest a SWOT analysis for the company NutriSystem

  Prepare an executive summary-style report

Conduct an analysis on Why General Motors should expand its automobile operations in Mexico and prepare an Executive Summary-style report.

  The cold war and u.s. diplomacy

Discussion on  Assignment 1 - The Cold War and U.S. Diplomacy.

  Plan for the optimal use of the promotional mix elements

Promotional strategy is a plan for the optimal use of the promotional mix elements.

  Cloud computing to the rescue

The cost of building and maintaining an organizational computing ecosystem has become a bigger part of most organizations' budgets. Organizations have been looking for ways to reduce this cost.

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