Assignment: Legal Environment Business Essay
Write a paragraph or more for each numbered question below (and for each lettered sub-question where applicable). Do not copy directly from the book--explain in your own words. Do not use Google--do not plagiarize--use the material from the book. PLEASE ATTACH ONLY ONE FILE FOR ALL QUESTIONS, and please label the question numbers/sub-questions.
1) Describe the three classifications of franchises--remember to use your own words/detail/examples per the instructions.
2) Discuss when and how members of an LLC can lose their limited personal liability as described in the book (meaning, when personal liability can be imposed on members of an LLC).
3) Discuss the different ways dissolution can come about for an LLC.
4) Discuss the process of "winding up" when an LLC is dissolved.
Format your assignment according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.