Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Homework Chapter 8 &...
1.Risk is defined as the chance that gains on an actual investment or outcome are likely to differ from the expected return or outcome. There is a possibility of losing all or some of the original inv...

Homework Chapter 8 & 9
Homework Chapter 8 & 9

1.Risk is defined as the chance that gains on an a

Discussion 5_1663137...
On the advice of a tax advisor, I used a home equity line of credit/HELOC to finance my undergrad education instead of a traditional educational loan. At the time, any interest paid on HELOCs could be...

Discussion 5
Discussion 5

On the advice of a tax advisor, I used a home equi

5-2 Milestone Two_16...
The country chosen to be part of the organization’s expansion into international markets will be Germany. The organization has currently reached a ceiling with revenue streams. By expanding into inter...

5-2 Milestone Two
5-2 Milestone Two

The country chosen to be part of the organization

Week 4- Forum

Week 4- Forum

Q Discuss the concept of limited liability and how it may influence the type of business entity a person chooses when forming a business. Let's evaluate Trump University. You can read more about it here: https://www.washingtonpost.com/politics/source-trump-nearing-settlement-in-trump-university-fraud-cases/2016/11/18/8dc047c0-ada0-11e6-a31b-4b6397e625d0_story.html?utm_term=.14219feea7b3 In this situation, the president chose to pay a settlement rather than litigate the case. What is the ethical dilemma here? Which ethical framework did the president use when arriving at his decision to settle?

View Related Questions

Solution Preview

View Complete Solution
Limited liability companies are basically a place where an individual’s monetary obligation is constrained to a settled entirety, most generally the estimation of a man's interest in an organization or association. On the off chance that an organization with restricted obligation is sued, at that point the inquirers are suing the organization, not its proprietors or speculators. Till date, the idea of limited liability offers an ascend to a wide range of sorts of business associations, as indicated by "Business Organizations."