Your client apples amp bananas inc has decided to move, Ask an Expert

Management Studies

Your client, Apples & Bananas, Inc., has decided to move forward with the development and manufacture of the iFruitBasket, its next generation data communication device. The iFruitBasket is new, untested technology that will take billions of dollars to develop and may or may not have commercial success. Apples & Bananas is developing the iFruitbasket with JEP Telecom Company. Both Apples & Bananas and JEP Telecom want to have equal power when making decisions regarding the iFruitBasket's development, manufacture, and sale. You advise Apples & Bananas, as well as JEP Telecom Company, to transfer their ownership of the technology and other property associated with the iFruitBasket to a separate limited liability company (LLC) that is equally owned by Apples & Bananas (50% ownership) and JEP Telecom (50%).

Considering only the aspects of owners' management rights, federal income taxation, and transferability of the owners' interests, state why you believe the default characteristics of the limited liability company (LLC) make it an acceptable business form for Apples & Bananas and JEP Telecom to use for development and manufacture of the iFruitBasket.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92527370

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 a private college prepares it statements under the fasb

1. A private college prepares it statements under the FASB standards, while the public college prepares its statements under the GASB standards. Can you identify any differences in the financial reports? 2. Choose an ind ...

1 what persons must approve a voluntary dissolution of a

1. What persons must approve a voluntary dissolution of a corporation if business has not been commenced? What persons must approve a voluntary dissolution if the corporation has commenced business activities? 2. Tiger b ...

Single spaced type written answers of one page each restate

Single spaced type written answers of one page each. Restate the question and question number before your narrative, and begin each answer atop a new page. Answers to each question will be graded on the basis of the leve ...

Thesis statement of organizational culture and its

Thesis Statement of Organizational Culture and its Importance to Organizations and to You. - State the issue or question clearly and concisely. The organizational management issue or question must be stated with clarity ...

Gross margin -nbsp nbsp 13378 49695nbsp nbsp 269nbsp nbsp

Gross margin - 13,378/ 49,695= .269 27% Operating profit 1,584 / 49,695= .003 3% Net margin 830 / 49695= .016 2% Return on Assets 830 / 36,275= .022 ...

The article as a synopsis is about crisis management though

The article as a synopsis is about crisis management. Though to go a bit further, it is also not only about managing a crisis, but attempting to plan as well as possible to avoid crisis. You cannot plan for everything, s ...

1 wersquove suggested in class that there is something very

1. We’ve suggested in class that there is something very basic, something very human, about moral life. In your own words, explain why this is so, and what you think it tells us about what it means to be human and the na ...

1 employees have a right to privacy but employers also have

1. Employees have a right to privacy, but employers also have a right to create and maintain an efficient and safe workplace. Do you think that existing laws strike an appropriate balance between employers' rights and em ...

1 find a product and evaluate for the safety warranties

1. Find a product and evaluate for the: safety, warranties, adequacy of instructions, defects, and liability. Attach a picture of the product to your post.( could be an ad, product container, or product) question related ...

Identify a retailer that is currently struggling discuss

Identify a retailer that is currently struggling. Discuss why it is having difficulties? Specifically, outline the issues with target market, merchandise, pricing, location, services provided, and/or atmospherics. What s ...

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