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Is it improper for an officer or director of a private LLC to take a personal loan from an investor in the corporation?
Wiki User
∙ 16y ago
Per NASD and the SEC an act doesn't have to be illegal to be improper. Anytime there can be the insinuation of conflict of interest it is improper. In this case it is improper unless there existed a prior documented relationship that supports the situation of a personal loan between the two.
Wiki User
∙ 16y ago
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A way to protect the personal assets of an investor against losing everything if a business fails?
LIMITED LIABILITY
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public company quoted on the stock exchange
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what isa personnel director?
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Send personal information to everone who you believeneeds to know
A way to protect the personal assets of an investor against losing everything if a business fails?
LIMITED LIABILITY
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