Blair and Chanel are holders of common stock in Discount Retail Stores, Inc. Like other holders of common stock, they have a residual position in the overall financial structure of Discount Retail, because they​

Data Analytics, LLC, is a limited liability company. Unless the articles of organization specify otherwise, it will most likely be assumed that the firm is​

Jess and Keri are members of Livewire LLC, a limited liability company. In most situations, with respect to Livewire’s debts, Jess and Keri are shielded from​

In a general partnership, the senior partner manages the partnership.​

An agency can make rules that are as legally binding as laws passed by Congress.​

Bay City Merchants Corporation has six shareholders, four of whom are members of the same family. All of Bay City’s shareholders agree in writing to operate without shareholders’ meetings. This most likely warrants​

Buck owns five acres of land in California. On the land Buck has a house and a toolshed. There are ten large maple trees around the house. The real property includes

The federal government regulates franchising in part through the Franchise Rule.​

Beth and Connie do business as Diamond Investments. In acting on the firm’s behalf, Beth makes an honest error in overestimating the value of a particular stock purchase. To her firm, Beth is​

Federal administrative agencies’ final rules are compiled in the United States Code.​