Answer:
<em>c. limited partner.</em>
Explanation:
<em>In the presented scenario, Logan Nettles should become a</em> <u>limited partner</u>.
Limited partner is the partnership in which one limited partner is been required compulsory. This is slightly different from general partnership. In this profit of the business is limited and the debt and dis-advantage on the amount of investment is also limited.
So we can see that Logan is also concerned about his disadvantage which is known as liability.
some people say its true others say its false
I would say its false
hope this helps :)
Answer:
A. work hours growth and labor productivity growth
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Free market economy.
III. Traditional economy.
IV. Command economy.
Generally, the sources of economic growth of a country are work hours growth and labor productivity growth.
Labor (working) is simply the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.
Answer:
A) All of the contacts described provide sufficient contacts for in personam jurisdiction.
- c. The Michigan defendant got into an automobile accident in Ohio.
- d. The Michigan defendant signed a contract in Ohio with an Ohio business.
- e. The Michigan defendant sold products in the state of Ohio that injured the purchasers.
Explanation:
In legal terms, in personam (Latin for "directed toward a particular person") means that a court can serve a defendant wherever he/she is.
In this case, a Michigan citizen can be judged in an Ohio court if he/she committed any of the cited actions:
- participated in a car accident in Ohio
- signed a contract in Ohio
- sold products in Ohio
In other words, if you live in any state but are involved in certain events or business transactions in another state, you can be judged by a court of the other state.
