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If we are putting property that we own into an LLC and one of the 3 people in the LLC files bankruptcy, can the property be in jeopardy?
Why would you possibly enter into an agreement with a bankrupt partner. This is …
Should I be concerned if my name is not listed on the LLC that covers a business I am investing in?
Hi there, It would really depend on what you mean when you say "off the …
Are sub-S corporations required to distribute all net income to stockholders or can it reinvest it to finance growth?
S corporations are not required to make any distributions. For tax purposes, the income …
Is it legal for one of the owners of a company to also hold the title of HR manager?
Generally, yes. However, there may be internal company documents that determine whether it is …
If I purchased a vehicle from a private seller and was told 2 days later that the engine is no good, can I sue to get my money back?
Generally, the answer is no, unless the seller took active steps to and did …
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