What happens when an LLC claims bankruptcy? How Does Bankruptcy Work? In a Chapter 7 business bankruptcy, the LLCs assets are sold and used to pay the LLC’s creditors. After the bankruptcy, the LLC’s remaining debts are wiped out and the LLC is no longer in business. The LLCs owners are generally not responsible for…
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Why do they measure alcohol in proof?
Why do they measure alcohol in proof? The proof measurement harks back to 16th-century England, when the government would put an extra tax on “proof spirits”—that is, liquor that contained a certain higher amount of alcohol. If the wet gunpowder could be lit, the alcohol was said to be a proof spirit and would therefore…
When the sides of a triangle are extended?
When the sides of a triangle are extended? An exterior angle of a triangle is formed when one side of a triangle is extended. The nonstraight angle (the one that is not just the extension of the side) outside the triangle, but adjacent to an interior angle, is an exterior angle of the triangle (Figure…
Do you own the company if you buy all the shares?
Do you own the company if you buy all the shares? You can also purchase equity in a company by buying shares and assets. Ultimately, the majority shareholders own the assets. If you want to own the majority stake (and all the assets) in a company, you need to purchase 51 percent of all outstanding…
Which job is better SSC CGL or SBI PO?
Which job is better SSC CGL or SBI PO? Bank PO exams focus more on computer aptitude section, which is not the case with SSC CGL exam. Under General Awareness, Bank PO exams focus more on banking awareness and current affairs on economy and finance. On the other hand, SSC CGL General Awareness section covers…
What is the best sports car for a big man?
What is the best sports car for a big man? 10 Best Coupes for Tall Drivers Chevrolet Camaro. Dodge Challenger. Fiat 500. Ford Mustang. Honda Civic Coupe. Infiniti Q60. Lexus RC F. Mercedes-Benz S 560 4MATIC Coupe. Which sports car has the most room? Roomiest Sportscars 3 – Ford Mustang. Headroom: 38.5” 4 – Chervrolet…
Why is there a need to recognize local artists?
Why is there a need to recognize local artists? As a community, it is important to support local artists because, without local citizen support, the art they make would cease to make the impact it could make. Once artists are able to express themselves creatively and freely, beautiful art is made that can be admired…
Can a psychologist get rich?
Can a psychologist get rich? There is tremendous diversity among psychology professions, and salaries and yearling earning are just as varied. In a struggling economy, many students have turned their interest toward some of the highest paying careers in psychology. The highest paying psychologist career salaries average up to $167,000. What is the most money…
What is the proper way to say someone and me?
What is the proper way to say someone and me? It depends where in a sentence. If you would normally say “I”, then you should say “someone and I”, whereas if you would normally say “me” then you should say “someone and me”, eg. Both are correct but they have different use. Depends on the…
What is Baqa in Islam?
What is Baqa in Islam? Baqaa (Arabic: بقاء baqāʾ ), with literal meaning of subsistence or permanency, is a term in Sufi philosophy which describes a particular state of life with God, through God, in God, and for God. It is the summit of the mystical manazil, that is, the destination or the abode. What…