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Zarrin [17]
2 years ago
12

John, Paul, Mark, and Luke have been operating an LLC, and according to the operating agreement, the term of the LLC is set to e

xpire in the near future. What options do the four partners have
Business
1 answer:
Harlamova29_29 [7]2 years ago
3 0

Answer with its Explanation:

The partners of Limited Liability partnership are obliged to pass a resolution about the continuing of business or abandoning business. The resolution requires majority vote, which is three fourth majority.

If they want to revisit the terms and conditions for each partners of the business then they will have to form a new agreement on new terms and conditions for business purposes. The new terms might include the new deadline for expiration date of partnership or extension of partnership date.

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Scenario: mary ling works for xyz corporation, llc and they have just merged with abc, inc. mary’s job, supervisor, and work loc
tigry1 [53]

Answer:

mary will need to send some sort of official documentation regarding the merge or company name change to the dso, so that her record can be updated.

Explanation:

Since the company has merged and the name has been changed from XYZ corporation to ABCXYZ inc, Mary will need to write a formal letter to her DSO notifying them of the merger and the change of name.

The DSO will then update her information with University of the Cumberlands

4 0
1 year ago
Donald discovers major flaws in the packaging department. He consults the production manager and formulates control measures to
Zolol [24]

Answer:

The most suitable answer here is D. Concurrent Control.

Explanation:

Concurrent control is also known as preventive controls and steering controls where the aim of the control procedure is to identify the possible flaws of a process and to prevent them before occurring.

Furthermore, in this scenario as you can see, Donald consults production manager and formulates measures as the process is ongoing. This makes it more of a "concurrent control" as well.

So Why did we not use any of the other options?

Option A, reactive controls is incorrect in this case, because reactive measures are completely spontaneous actions that respond to an accident.

Option B is incorrect too, because feedback controls are done after a process has been completed and through identification of falls happened.

Option C, feed forward controls are not correct in this scenario as well. Although it is a type of preventive control, in this scenario it is not entirely preventive. They are formulating measures even as the process is ongoing.

5 0
2 years ago
find examples of how intelligent systems can facilitate activities such as empowerment, mass customization, and teamwork
alekssr [168]

Explanation:

An intelligent system can be defined as a system that uses technology to transform data into relevant information for decision making, work improvement and problem solving.

In the workplace, these systems may be able to make work faster and more automated, reducing time, finding solutions to problems through intelligent learning, providing standards, etc., which helps with innovative work ideas and techniques that provide good teamwork and mass customization.

The training of employees can also be exercised through intelligent systems, such as platforms fed with information about courses or training, which guarantees a more dynamic and cheaper learning for the company.

6 0
2 years ago
Jody is an agent for Insta Cross Country Trucking Inc. In the course of Jody's performance for the firm, Jody pays Heck for cert
Vedmedyk [2.9K]

Answer:

Reimbursement.

Explanation:

When an agent incurs expenses while acting in the interest of principal them the principal is obligated to reimburse the agent the funds spent.

In this scenario Jody is an agent for Insta Cross Country Trucking Inc. In the course of Jody's performance for the firm, Jody pays Heck for certain vehicle maintenance and repair services. Jody has the right to request for refund based on principal's duty of reimbursement.

The action taken must be verified to be in the interest of the principal if not she will not be entitled to reimbursement.

5 0
2 years ago
Gary and Wilma Johnson plan to open a bus tour business taking people from their small City to historic sites along the east coa
Dovator [93]

The answer to the given question above would be Profit Margin. On the given scenario above, since they will be offering different kinds of services at once, what they should pay attention to is the profit margin or the net margin. Profit margin serves as the measurement of profitability. This is expressed in percentage and shows how much the return sales are that are generated by the company based on the amount they have initially invested.

4 0
2 years ago
Read 2 more answers
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