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5. An operating agreement for a limited liability company must follow a particular framework and include certain specific provisions. (Points : 4) true or false
An operating agreement for a limited liability company must follow a particular framework and include certain specific provisions. This is True.
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Asked 9/21/2014 8:33:24 PM
Updated 11/25/2014 12:31:47 PM
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An operating agreement for a limited liability company must follow a particular framework and include certain specific provisions. This is True.

Added 11/25/2014 12:31:47 PM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [11/25/2014 12:40:29 PM]
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3. A sharing of profits from the sale of a business creates a presumption that a partnership exists. (Points : 4) true or false
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Updated 9/22/2014 12:29:23 AM
1 Answer/Comment
TRUE. A sharing of profits from the sale of a business creates a presumption that a partnership exists.
Added 9/22/2014 12:29:23 AM
This answer has been confirmed as correct and helpful.
1. On a partner’s dissociation, his or her interest in the partnership must be purchased. (Points : 4) true or false
Weegy: TRUE. On a partner’s dissociation, his or her interest in the partnership must be purchased. User: 5. An operating agreement for a limited liability company must follow a particular framework and include certain specific provisions. (Points : 4) true or false Weegy: TRUE. An operating agreement for a limited liability company must follow a particular framework and include certain specific provisions. (More)
Question
Expert Answered
Updated 9/22/2014 12:31:14 AM
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Leigh wants to go into the business of construction contracting. Among the reasons that would probably convince Leigh to set up his business as a sole proprietorship would be (Points : 4) its greater organizational flexibility. its limited liability. its perpetual existence. the ease of transferring the business to other family members.
Weegy: Leigh wants to go into the business of construction contracting. Among the reasons that would probably convince Leigh to set up his business as a sole proprietorship would be its greater organizational flexibility. User: One of the advantages of a sole proprietorship is that the owner is not liable for the actions of the business. (Points : 4) True False Weegy: One of the advantages of a sole proprietorship is that the owner is not liable for the actions of the business. This is True. User: A limited liability partnership must be formed in compliance with state law. (Points : 4) True False (More)
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Updated 9/22/2014 3:23:33 AM
1 Answer/Comment
A limited liability partnership must be formed in compliance with state law.
True.
Added 9/21/2014 9:43:09 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/22/2014 3:23:44 AM]
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