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tephen Nelson 3697/s corp 60536. phpDo you have any evidence supporting this?I've discussed the topic with my attorneys and they say it's complete nonsense. Enjoying the limited liability of a corporation or LLC doesn't mean you have to become a silent partner in your own business. There are plenty of auto mechanics who operate their garages under an LLC or corporation. Must they find somebody else to manage their shop?What about a chef who operates his own restaurant under a business entity?Can they no longer be the restaurant manager?I'm not sure about other states although I imagine they're similar, this is what California law states regarding the members and managers of an LLC:a No person who is a manager or officer or both a manager and officer of a limited liability company shall be personally liable under any judgment of a court, or in any other manner, for any debt, obligation, or liability of the limited liability company, whether that liability or obligation arises in contract, tort, or otherwise, solely by reason of being a manager or officer or both a manager and officer of the limited liability company. b Notwithstanding subdivision a, a manager of a limited liability company may agree to be obligated personally for any or all of the debts, obligations, and liabilities of the limited liability company as follows: 1 If the agreement to be so liable is set forth in the articles of organization or in a written operating agreement that specifically references this subdivision. 2 Pursuant to the terms of a written guarantee or other contractual obligation entered into by the manager, other than an operating agreement. In short, you're allowed to MANAGE your own LLC without compromising its protections. Therefore, if your LLC's assets consist of rental property, you are allowed to MANAGE those assets. Just don't try fixing your tenant's car or cook for them!:idea: Mitch, Steven is correct, if Elio loans a s corp funding to make it's purchases, and personally manages the properties, it DOES make it far easier for the corporate veil to be pierced, and there in all Elio's personal assets attachable. This is due to 1the loan combined with 2the management, this creates a cross over precedence where a good litigator can argue it is a false veil.
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b. Calculate the price elasticity of supply for hot dog rolls. Task 3: Efficiency and Market Failure Q1. The marginal cost for Java Joe's to produce its first cup of coffee is $0. 75. Its marginal cost to produce its second cup of coffee is $1.
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The results; vehicles equipped with DRLs were involved in more accidents than similar vehicles without DRLs. The difference was minimal, but the meaning was straight forward. DRLs aggravate other motorists, obscure directional lights, waste fuel, mask other road users that dont have headlights on, or dont have headlights period pedestrians and bicyclists and their net effect on accident reduction is zero or worse. Because DRLs negatively affect other motorists, they should be omitted from all new cars by government mandate. Furthermore, all states should explore legislation that limits daytime headlight use to low beam or parking lights. The government, in concert with various corporate interests has sold the driving public a bill of goods that doesnt live up to its advertised claims. It seems only fair that the government and the same corporate interests undo the damage they have done. tandard No. 108; Lamps, reflective devices, and associated equipment. 108 Standard No. 108; Lamps, reflective devices, and associated equipment.