________ Refers to the Physical Surroundings in Which a Service

question 197

Short Answer

________ refers to the physical surroundings in which a service takes place, and how they affect customers and employees.

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Definitions:

Limited Liability

Limited Liability is a legal principle that limits the financial liability of shareholders, owners, or members of a company to the amount they have invested in it.

Operating Agreement

An agreement between Limited Liability Company (LLC) members that specifies the organization's financial and operational choices.

LLCs Members

Individuals or entities that hold ownership interest in a Limited Liability Company and have rights and responsibilities as outlined in the LLC agreement.

RULLCA

Revised Uniform Limited Liability Company Act; a standard law adopted by some states to govern the formation, operation, and dissolution of LLCs.