your friend starts a clothing business and organizes it as an llc. you invest in her business and receive a 15% membership interest in return. the clothing business does poorly and your friend shuts it down. the llc’s liabilities exceed its assets. what do you stand to lose?

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07-10-2022
Business

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your friend starts a clothing business and organizes it as an llc. you invest in her business and receive a 15% membership interest in return. the clothing business does poorly and your friend shuts it down. the llc’s liabilities exceed its assets. what do you stand to lose?

Sagot :

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your friend starts a clothing business and organizes it as an llc. you invest in her business and receive a 15% membership interest in return. the clothing business does poorly and your friend shuts it down. the llc’s liabilities exceed its assets. what do you stand to lose?

Sagot :

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