Foreign investors cannot participate in a limited liability company.

Kay and Linda decide to do business as Marketing & Promotion. To be a partnership, this association can result from an agreement that is

Foreign investors cannot participate in a limited liability company.

A partnership is forced to terminate every time a partner dissociates from the firm.

Ken owns and operates Living Earth Garden Shop as a sole proprietorship. When Ken dies, Living Earth will automatically

The members of a joint venture have less implied and apparent authority than the partners in a partnership.

In a general partnership, the senior partner controls decisions on ordinary matters connected with partnership business.

The laws governing franchising are primarily designed to protect franchisors from dishonest franchisees.

Riley is elected as a director to the board of Salty Snacks, Inc. He will most likely serve for a term of one

Sara and Terry agree while talking on the phone to form a partnership to enter into the business of real property management. To be enforceable under the Statute of Frauds, their agreement must