Randy and Mandy plan to pool their money and musical talents to form a general partnership and begin booking weekend gigs.One of the first things Randy and Mandy should do is:
A) Seal the deal with at least five night spots where they can book three months worth of gigs.
B) Consult an attorney and put their agreement in writing.
C) Pay the partnership formation fee to their state's commerce commission.
D) File the limited liability paperwork at the court house in the county in which their partnership will be formed.
Correct Answer:
Verified
Q210: Which of the following statements about partnerships
Q232: When entering into a new partnership,a good
Q233: A good reason why partners should spell-out
Q233: A(n) _ is a state-chartered legal entity
Q234: One way to eliminate some of the
Q235: Zach and Mac own an auto repair
Q236: Kristen and her brothers and sisters set
Q236: Which of the following is not a
Q241: A major advantage of S corporations is
Q253: One disadvantage of _ is the initial
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents