Alan Dershowitz & Maven's Court Because the Essay

Open, View, and/or
Download this Document

Total Length: 505 words ( 2 double-spaced pages)

Total Sources: 0

Page 1 of 2

Alan Dershowitz & Maven's Court

Because the deli failed, it would be safe to assume that Mr. Dershowitz and his associates would ideally prefer a company variety that would protect them against a personal liability in the event their business would go under.

The owners might have chosen a partnership, which would equally distribute the profits and losses between the members of the business. This would allow for every member to equally be financially responsible in the event that the business were to fail. However, if the members want full financial protection, it would be best to choose to be a limited liability company (LLC) or a corporation, where the business and its owners are two or more separate entities.

Question #2 - Mrs. Meadows & The Biscuit Shop:

A promoter is someone who organizes a corporation.

Stuck Writing Your "Alan Dershowitz & Maven's Court Because The" Essay?

View All Our Example Alan Dershowitz & Maven's Court Because the Essay

Have A Custom Example Essay Written

If a promoter signs a contract before a company has become legally incorporated, the promoter is financially responsible for those contracts signed.

This particular scenario states that Mrs. Meadows has opened a biscuit shop. The shop is not incorporated. This means that as the company promoter, Mrs. Meadows is financially responsible for her company's unpaid flour bill because she signed for it. Once the business becomes incorporated, the only way for her to no longer be financially responsible for the particular sale would be to have The Biscuit Bakery to adopt the previous contract that was in her name.

Question #3 - The Logan Foundation: Limited

A limited partnership requires two or more entities and….....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Alan Dershowitz & Maven's Court Because The" (2011, May 08) Retrieved May 21, 2024, from
https://www.aceyourpaper.com/essays/alan-dershowitz-maven-court-119116

Latest MLA Format (8th edition)

Copy Reference
"Alan Dershowitz & Maven's Court Because The" 08 May 2011. Web.21 May. 2024. <
https://www.aceyourpaper.com/essays/alan-dershowitz-maven-court-119116>

Latest Chicago Format (16th edition)

Copy Reference
"Alan Dershowitz & Maven's Court Because The", 08 May 2011, Accessed.21 May. 2024,
https://www.aceyourpaper.com/essays/alan-dershowitz-maven-court-119116
   

Open, View, and/or
Download this Document
order custom essay example