Law Questions
Explore questions in the Law category that you can ask Spark.E!
Professional Corporations have been around since the ____, but MO rewrote it in 1986
what business organization is the oldest collective form of business?
corporations have been a type of businesses since the early ____
in order to sell tangible personal property, a new business needs a ...
(true of false)Security Regulation filings are filed with the state and/or the federal
what is the first step in starting a new business?
When a partner no longer wishes to be a principal in the partnership, she may choose to leave the partnership. What term does the Revised Uniform Limited Partnership Act (RULPA) use to describe this act of separation?
Matt and Windy wish you incorporate their business but want to limit who can buy ownership interests in their business. Which type of corporation would you suggest?
Matt and Mindy wish to incorporate their business but want to limit who can buy ownership interests in their business. Which type of corporation would you suggest?
Suppose that the first national bank of Missouri loaned $20k to Alex Harris to operate his sole proprietorship, doing business as Alex Harris Catering Services. The loan is for 5 years at the current market interest rate of 6.75%, and First National had already disbursed the entire loan amount to Harris in one lump sum. What type of loan is this?
When starting a new business, who do you file the paperwork with to create entity?
John Anderson, an expert in lawn care, operates a sole proprietorship as "Anderson's Lawn Maintenance and Landscaping." This is known as a __________.
Limited partnerships are required to file a _____ return with the IRS each year.
Owners of nonvoting stock who receive a share of the corporate profits have received what is called a
Which statement is accurate about Delaware as it relates to taxation of treatment of out of state corporations that incorporate in Delaware?
A limited partnership is defined as an association of two or more people who are co-owners and co-managers of the business and who share in the profits of their ongoing business and who share in the profits of their ongoing business.
Under the revised uniform partnership act (Rupa), all partners face joint-and-several liability for contract and tort-related obligations.
The expiration date of a corporate bond is also called it's
The duty of a partner to act in the best interests of the partnership is called ______ duty
In terms of factors to consider in choosing a business entities, issues such as how easy the business is to start and maintain, whether there must be more than one principal, what annual filings or fees are required, and what formalities need to be followed are related to the ——— factor.