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Q: Mara plans to open a shop specializing in foods and cultural items from the Middle East. She wants to be the firm’s only general partner, but she is trying to get several friends to participate as
limited partners. Apparently Mara wants to: a. limit her personal liability to the amount she personally invests in the company. b. Be the only person allowed to share in the firm’s profits. c. Obtain a strong financial base for the firm while maintaining personal control over the firm’s management. d. Meet the legal requirements of the Uniform Partnership Act.
A: and your question is?
ANGEEELICA|Points 901|
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Asked 2/2/2011 7:04:27 AM
Updated 2/2/2011 7:30:50 AM
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Apparently Mara wants to: c. Obtain a strong financial base for the firm while maintaining personal control over the firm’s management.
Added 2/2/2011 7:30:50 AM
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1. Currently, the AutoMotion Garage is operated as a(n): a. limited liability company b. cooperative c. sole proprietorship d. solitary subsidiary
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Expert Answered
Updated 34 days ago|11/6/2017 10:53:32 AM
1 Answer/Comment

Currently, the AutoMotion Garage is operated as a Sole proprietorship.



Added 34 days ago|11/6/2017 10:53:32 AM
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