Examlex

Solved

Jim Organized,and Owns and Operates,Jim's Landscaping Service in the Simplest

question 70

Multiple Choice

Jim organized,and owns and operates,Jim's Landscaping Service in the simplest form of business organization.This is


Definitions:

Binding Contract

An agreement between parties that is legally enforceable and includes all necessary elements of a contract, such as offer, acceptance, consideration, and mutual intent to be legally bound.

Notice To Quit

A written notification from a landlord to a tenant to leave the premises by a specified date.

Continues Business

Continuation of company operations without interruption or cessation.

Dissociation

The process by which a member's involvement in an entity is terminated, typically in the context of a partnership or limited liability company.

Related Questions