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Why,in the Absence of an Agreement to the Contrary,should Profits

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Essay

Why,in the absence of an agreement to the contrary,should profits and losses of a limited liability company be distributed equally among members,regardless of their capital contribution? Would it not seem more equitable if profits and losses were distributed based on members' capital contributions?


Definitions:

Relapse

The return of a disease or symptoms after a period of improvement.

Alcoholics

Individuals who suffer from alcoholism, a chronic disease characterized by uncontrolled drinking and a preoccupation with alcohol.

Nutritional Deficiency

A lack or shortage of essential nutrients in the diet, leading to various health problems and disorders.

Fast Food

Easily prepared processed food served in snack bars and restaurants as a quick meal or to be taken away.

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