Report.docx - sed on 17-Dec-2016 11:10 PM PST ID 754558962...

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sed on 17-Dec-2016 11:10 PM PST ID: 754558962 Word Count: 964 Similarity Index 18% Similarity by Source Internet Sources: 18% Publications: 0% Student Papers: N/A sources: 1 8% match (Internet from 12-Aug-2015) 2 3% match (Internet from 14-Aug-2016) 3 2% match (Internet from 17-Oct-2016) - Business-Law/ 4 2% match (Internet from 18-Aug-2016) 5 2% match (Internet from 05-Feb-2016) 6 1% match (Internet from 12-Aug-2016) paper text: 2 Legal Underpinnings of Business Law Rose Betty Okombo BUS 670: Legal Environment Instructor: Leah Westerman 12/19/2016 Legal Underpinnings of Business
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Law The matrix below helps 1 to identify the various personal liability exposure as an owner of the different businesses. Name of the Business Type of Business Liable for the lawsuit Tinker Home Security Service. Sole Proprietorship I the owner and the business will be liable for the lawsuit. One’s personal assets will be vulnerable. 6 Tinker & Tailor’s Home Security Service General Partnership The partners are personally responsible 4 Tinker & Tailor’s Home Security Service Limited Partnership The general partner is responsible for the lawsuit. Tinker & Tailor’s Home Security Service, Inc. Corporation The entire 3 corporation is responsible Tinker & Tailor’s Home Security Service, LLC Limited Liability Corporation The organization 1 is responsible for liabilities of the company. The comparison and contrast findings shows 1 that the owner personal liability exposure is protected in the
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  • Spring '18
  • Corporation

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