If a company wants to protect its three investors against personal liability risk, which of the following business forms would not be a suitable option?
A. Limited liability partnership
B. Limited liability company
C. C Corporation
D. Partnership
E. S Corporation
Answer: D
You might also like to view...
Nuisance suits allow an individual to sue a polluter to protect the community from environmental damage.
Answer the following statement true (T) or false (F)
An examiner investigates and reports the results of a bankruptcy fraud investigation to the court. Which of the following is NOT included in his or her duties unless he or she is court appointed?
a. Operate a business b. Subpoena records c. Make business decisions d. Propose reorganization plans e. An examiner is not allowed to perform any of the above
A party can challenge an administrative regulation as so irrational as to be arbitrary and capricious
a. True b. False Indicate whether the statement is true or false
A court will review a contract for validity even if it contains an arbitration clause.
Answer the following statement true (T) or false (F)