When a business takes a sudden downturn or is making no profit, the business owner

a. must maintain a positive attitude
b. must secure a loan to keep the business viable
c. must recruit partners to help run the business
d. must sell the business to avoid bankruptcy


A

Legal Studies & Paralegal

You might also like to view...

A mediation is an adversarial proceeding where the parties to a bankruptcy dispute seek to resolve their issues

Indicate whether the statement is true or false

Legal Studies & Paralegal

The rules of professional responsibility in each state are modeled after which set of ethical rules?

A) Federal Rules of Professional Responsibility B) ABA Model Code of Professional Responsibility C) ABA Canons of Professional Ethics D) ABA Model Rules of Professional Conduct

Legal Studies & Paralegal

What are the individual and specific conditions that must be satisfied in order to bring a successful cause of action in criminal and civil law?

A) statutory construction B) statutory elements C) legislative history D) legislative intent

Legal Studies & Paralegal

An outline is of greatest value in the writing stage of the legal writing process.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal