1. Business Law-Organizing A Business
... business, an expansion or a franchise. 5. When the business will be open. 6. Where the business will be located For example, if one were to start a car wash business with their friend, then their business description would include that the business would be owned by a partnership and that it would be independently owned. The business type ... . This means that if the business is not able to pay off a supplier of their products, then the creditor can legally go after the house, car or any other possessions of the partners. The creditor can also sue for the full payment of the business deb...
- Word Count: 806
- Approx Pages: 3
- Has Bibliography
- Grade Level: High School