Questions from Business Law

Q: What are the rights and duties of partners in an ordinary partnership

What are the rights and duties of partners in an ordinary partnership?

Q: What advantages do limited liability partnerships offer to businesspersons that are not

What advantages do limited liability partnerships offer to businesspersons that are not offered by general partnerships?

Q: How are limited liability companies formed, and who decides how they

How are limited liability companies formed, and who decides how they will be managed and operated?

Q: What are the two options for managing limited liability companies?

What are the two options for managing limited liability companies?

Q: What is a joint venture? How is it similar to a

What is a joint venture? How is it similar to a partnership? How is it different?

Q: What are the essential characteristics of syndicates, joint stock companies,

What are the essential characteristics of syndicates, joint stock companies, business trusts, and cooperatives?

Q: In what circumstances might a court disregard the corporate entity (“pierce

In what circumstances might a court disregard the corporate entity (“pierce the corporate veil”) and hold the shareholders personally liable?

Q: What is insider trading? Why is it prohibited?

What is insider trading? Why is it prohibited?

Q: Bill and Betty Ma owned half of a two-unit residential

Bill and Betty Ma owned half of a two-unit residential building. Betty lived in the unit, but Bill did not. To collect a judgment against the Mas, Mei-Fang Zhang obtained a writ of execution directing...

Q: What are some of the features of state securities laws?

What are some of the features of state securities laws?