Introduction Limited Liability Company (LLC) is often considered as the hybrids of general partnership and corporation. It often referred as a general partnership where the partners have no personal liability and a limited partnership where there is no general partner or a partnership surrounded by a corporate shell (Seipel‚ Tunnell & Zimmermann‚ 1995). The LLC is first adopted in Wyoming in 1977 and then in Florida in 1982. However‚ LLCs weren’t popular entities in the beginning due to
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The Cretaceous Period and the Aftermath Imagine a great‚ thickly muscled dinosaur. Got it? See those serrated teeth? And the great yellow eye that is pondering whether you are food or foe? Now‚ imagine something that can kill this beast and all of its kind. This “something” is called the Cretaceous Tertiary Extinction event‚ and it occurred 65.5 million years ago‚ and killed all the dinosaurs‚ and affected the process of evolution forever afterward. The Cretaceous
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BIO FINAL Cells label organelles (nucleous‚ dna‚ chromatid‚ robosomes ‚proteins in rough er in ribosomes stroma is liquid in between thylacoid membrane Chemestry Know essential elements for plants and animals. PH= the negative log of H+ ion concentration in water. Equation. Subtract from 14 Mitosis divides the nucleous 4 phases: prophase: chromosomes condense metatphase: line up on eqator anaphase: pull apart telephases: nuclear membrane
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Limited Liability Company (LLC) is a business structure allowed by state statute. LLCs are popular because‚ similar to a corporation‚ owners have limited personal liability for the debts and actions of the LLC. Other features of LLCs are more like a partnership‚ providing management flexibility and the benefit of pass-through taxation. Owners of an LLC are called members. Since most states do not restrict ownership‚ members may include individuals‚ corporations‚ other LLCs and foreign entities. There
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different types of LLC and how they are formed. It will also touch base on several forms of business entities and the advantage and disadvantages of them. There are several types of Limited Liability Companies (LLC) but to understand the differences between them an LLC needs to be defined. “An LLC is an unincorporated business entity that combines the most favorable attributes of general partnerships‚ limited partnerships‚ and corporations” (Cheeseman‚ 2010‚ p. 613). LLCs were first seen in 1977
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Thriftway‚ LLC is voluntarily entered into‚ and the employee is free to resign at any time‚ with or without cause. Similarly‚ K&J Thriftway‚ LLC may terminate the employment relationship at will at any time‚ with or without cause‚ so long as there is no violation of applicable federal or state laws. Policies set forth in this handbook are not intended to create a contract‚ nor are they to be construed to constitute contractual obligations of any kind of employment between K&J Thriftway‚ LLC and any
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Levels of Product Differentiation in the Global Mobile Phones Market The sixth product level called compliant product is a connecting element between the physical product characteristics and the strategy of the producer company Stanimir Andonov* The article discusses the differentiation among the product offers of companies working in the global markets‚ as well as the strategies which they use and could use in that respect. The main idea of the paper is that the principle “differentiate or
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Our Eyes in the Sky When asked what the most important object today is‚ most people would probably say “smartphones” or “computers” or “ice cream.” While these may be important‚ they are definitely not the most important. By far‚ satellites are the most important objects today. Most everything‚ including smartphones and computers‚ are present today because of satellites and have capabilities such as Wi-Fi and 4G because of the role satellites play. Even Socrates‚ who lived centuries before the
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------------------------------------------------- Tax Research Memo: Entity Selection Issue FROM: Mark J. Sobanski‚ CPA TO: Penelope‚ Mark and John. DATE: April 15th‚ 2013. SUBJECT: Entity Selection for the new business. Issue/ Considerations: It is desired to study the issue of how should the new business to be started by Penelope‚ Mark and John be structured? The related tax and non-tax considerations are as follows – I. The different forms of organization available to Penelope‚
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