Unit 9 Discussion Topic: Corporate Operating Agreements Throughout this course, many discussion opportunities come up where you need to respond to other people's opinions and comments. Then, respond to your Discussion topic after you have completed

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

Unit 9 Discussion Topic: Corporate Operating Agreements

Throughout this course, many discussion opportunities come up where you need

to respond to other people's opinions and comments. Then, respond to your

Discussion topic after you have completed your Reading.

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

Ron Cardigan, son of Camille and Ray (Camille’s first husband) has met with

Camille and Candie to form a limited liability company designed to be a place

where young future clothing designers can work as part of an internship before

entering fashion design school. Ron contributes 40% of the capital, and Camille

and Candie each contribute 30%. Because it was Ron’s idea, he assumes he will

receive more of the profits than Camille and Candie. Further, his contribution was

greater than each of theirs. Camille and Candie feel they should all split the

profits equally, as everyone has a unique talent that is being brought forth to run

the new business. A dispute over the profits arises, and ultimately a court has to

decide the issue.

Determine the following:

1. What law will the court apply?

2. In most states, what will result?

3. How could this dispute have been avoided in the first place? Assess fully.

Justify your answer using information from your Reading and be sure to:

4. Assess the laws that govern the limited liability companies [Uniform

Limited Liability Company Act (ULLCA)].

5. Evaluate how these laws frame our scenario and how a court would rule.

6. Conclude how Ron, Camille, and Candie could have avoided the dispute

by creating an operating agreement and integrating operating procedures

into a written agreement.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Online Class Help Services Available from $100 to $150 Weekly We Handle Everything