Upon graduation from college bob carol ted and alice formed, Ask an Expert

Management Studies

Upon graduation from college, Bob, Carol, Ted, and Alice formed Kotaku, LP, a limited partnership, to distribute video gaming software over the Internet. Bob and Carol each contributed $50,000 and became the general partners. Ted and Alice each contributed $25,000 and became the limited partners. Bob and Carol oversee the day to day management of the business. They hire designer, Nick, who develops their number one selling software program, Dawn of Ka. The company sends Nick as a representative to the annual Comic-Con convention in San Diego to promote their products. Nick rents a car to travel from the hotel to attend the convention and entertain potential clients. While there, Nick negligently causes a car accident and runs over a pedestrian, Ralph, who is seriously injured as a result. As a result, Ralph sues to recover damages and names Kotaku, LP, Bob, Carol, Ted, Alice, and Nick in the lawsuit. Discuss the liability of each party and the potential amount Ralph might recover from each.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9608182

Have any Question?Write your Review or question?

Related Questions in Operation Management

A company manufactures hair dryers it buys some of the

A company manufactures hair dryers. It buys some of the components, but it makes the heating element, which it can produce at the rate of 900 per day. Hair dryers are assembled daily, 252 days a year, at a rate of 350 pe ...

What does the cms quality initiative include describe the

What does the CMS quality initiative include? Describe the initiative and its relationship to the National Quality Strategy. How can the data publicly available on the compare site for the quality initiative benefit a he ...

In your post consider how globalization has linked the

In your post, consider how globalization has linked the people, policies, and livelihoods of nations throughout the world. This linkage can be severely affected by several factors which include political turmoil, natural ...

Write an analysis and evaluation of the following article

Write an analysis and evaluation of the following article “Ocean warning” ( Need 600 words please). by Volkov, Denis L. University of Miami Rosenstiel School of Marine and Atmospheric Science Library, Cooperative Institu ...

From the perspective of being an operational manager for

From the perspective of being an Operational Manager for Office Administration Investigating Trading Platforms, describe your business structure. a) Suggest ONE contributing factor that may make this the preferred struct ...

Mutiple choices1- if demand is elastic rather than

Mutiple choices... 1- If demand is elastic rather than inelastic seller will consider: a. implementing price promotion to increase sales b. introducing line extansion c. maintaining the statues quo d. raising their price ...

1 what has been the track record for spills and social

1. What has been the track record for spills and social responsibilities (CSR) ? 2. If you got 3months Moving averages,3Months wighted moving averages and exponential smoothing for sales then on the basis of MAD which mo ...

1 have stephanie and ben formed a general partnership

1. Have Stephanie and Ben formed a general partnership? (Provide a full legal analysis.) 2. Assuming that a general partnership has been formed, what relief should Ben seek? (Provide a full legal analysis.) 3. Do you agr ...

1 explain the different financial sources to be used by a

1. Explain the different financial sources to be used by a company? (long-term and short-term) 2. Identify Information Security threats for “Autonomous vehicles” and how a business could mitigate these? 3. What are the t ...

Many luxury sheets cost less than 200 to make but sell for

Many luxury sheets cost less than $200 to make but sell for more than $500 in retail stores. Some cost even more– consumers pay almost $3,000 for Frett'e "Tangeri Pizzo" king-size luxury linens. The creators of a new bra ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert