Why Have Many Hotels Abandoned Their Pool Slides

question 48

Multiple Choice

Why have many hotels abandoned their pool slides?

• A) The cost to maintain them is prohibitive.
• B) They present a great risk of injury to users.
• C) They are outlawed by statutes in most states.
• D) They are not popular with guests.

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Definitions:

Separate Legal Entity

A business structure that is legally considered an independent entity separate from its owners, such as a corporation or LLP.

Limited Partnership

A partnership with general and limited partners.

Limited Liability

A legal structure that protects a company's owners or investors from being personally liable for the company's debts or liabilities beyond their investment in the company.

Partners

Individuals who share ownership of a business entity and are mutually obligated to the entity's liabilities and operational decisions.