What is a limited liability company explain the advantages


1. The Trimbles apply to Community Savings & Loan for an installment loan of $20,000 to remodel their bathroom. Discuss the disclosures Community is required to make.

2. What is a limited liability company? Explain the advantages and disadvantages of this type of business ownership?

3. Discuss the UCC rules on the limitation of damages in a contract

4. In what way does COBIT help in the alignment of business and IT objectives?

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