0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Can an llc be a partner in a partnership?
Yes, an LLC can be a partner is a partnership and they often are. In this case, all partners in the general partnership are general partners.
What is a managing partner in an LLC?
A managing member in an LLC is a person who holds an ownership interest the company. However, that person also is active in the day to day management of the company.
How does an llc get investors?
Similarly to any other corporation, you can seek private investors to partner with or issue stock.
If 4 partners create an LLC and one of the partners forms a different additional LLC and doesn't pay his loan can the loan company go after the four partner LLC for money?
The definition of an LLC is a limited liability corporation. And as such each partner has a very limited liability to the actions of other partners. If a scam is involved then an investigation will be launched into who was involved but as far as financials go I believe that the company will take the hit on a defaulted loan and not the partners own pockets.
Can a trust be a partner within a partnership?
yep trust is the main thing in your relationship
What are some good mobile partners in Texas?
There are multiple mobile partner groups loated in Texas. One group, which is located in Houston, Texas, is called Mobile Partner Group LLC. Hope this helps!
Can you get a business loan for your incorporated LLC business if you have had a home foreclosed--is it best to get a silent partner?
If the home foreclosed on happened more then two years ago you should be in the clear. A silent partner is probably the way to go.
Which is correct LLC or LLC?
LLC
What is MLMLeadSystemPro?
MLM Lead Pro is a lead generating software system sold by MLM Lead Pro, and Affiliated Partner of Responsive Data, LLC.
Can an L.L.C. have vice presidents?
LLC is usually a partnership, and each individual is a partner. President, vice president positions are meant for the officers of full corporations.
Can you sue a business partner if you are a 49 percent partner of an LLC formed as a corporation and you have never received keys to the business PL Statements bank statements etc from the other partn?
Yes, you can sue your business partner. It would probably be easier to talk to them or seek mediation instead of suing.
How can one go about setting up a company?
One can go about setting up a company in so many ways. One way of doing it is through getting a business partner and setting up an LLC. An LLC is a way to avoid legal altercations when setting up a company. In setting up an LLC you are less likely to be sued and not be able to recover from it.
