(65%)Ģ) What type of the above four business entities is best suited for The SoBe Health Hut and why? In your answer, explain who will manage the store and what personal liabilities will Kelly and Karla face and why? (35%)įorm 1040 and Related Forms and SchedulesForm 1040: U.S. However, in addition to these equal contributions, another $100,000 is essential for the restaurant to succeed.ġ) Explain the key elements of – and the differences between - a sole proprietorship, a general partnership, a limited liability partnership, and a corporation. Kelly and Karla agree that each will invest equally in terms of time and money. They intend to attract health-minded, college-age students to their new restaurant, The SoBe Health Hut. Neither has any previous experience in starting or operating a restaurant, but both have extensive connections in the Miami-Dade area because of the many friends they made while attending Lynn. While on a post-graduation celebration trip to Costa Rica, the two women began exploring the idea of opening a restaurant on South Beach in Miami, Florida. Kelly and Karla were roommates at Lynn University and graduated last May.
Single light bulb housed in a flimsy metal shroud flickered. Smell of stale piss as it did the last time I failed to outrun the sheriff.Ī 'Kilroy was here' logo had been scrawled onto the brown cell wall and a Key, metal grinding against metal, engaging the locks. Shivers ran through my body as the door slammed and he turned the This is the lighter side ofĪ short, redheaded cop opened the steel door and nudged me in with his Who have served in any of the Armed Forces. Resemblance to real people is coincidental. The characters, names, events, and places in this novelĪre used fictitiously or are products of the author's imagination. For permission requests, please contact Travis
Methods, without the prior written permission of the author, except in the case ofĪ brief quotations embodied in critical reviews and certain other noncommercial No part of this publication may be reproduced, distributed, or transmitted in anyįorm or by any means, including photocopying, recording or other mechanical
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