RenPop LLC is a limited liability company with three members…

RenPop LLC is a limited liability company with three members: Amanda, Richie, and Donald. Upon forming the LLC, the members are faced with a decision regarding how the entity will be taxed. They seek advice to understand the implications of their choices. Which of the following statements about the taxation of RenPop LLC is correct?

Sarah and John form a partnership to open a bakery called “S…

Sarah and John form a partnership to open a bakery called “Sweet Crumbs.” Sarah contributes $50,000 to cover startup costs, while John, who has extensive baking experience, provides all the labor and manages daily operations. The partnership has no written agreement. After the bakery sells a batch of cakes contaminated with a harmful ingredient, a customer sues and wins $20,000 in damages. How will liability for the damages be divided?

RacSack Corporation provides company-issued laptops to its e…

RacSack Corporation provides company-issued laptops to its employees for work purposes. The company’s employee handbook includes a policy stating that all electronic communications and data on company devices are subject to monitoring. Despite this policy, Alex, an employee, uses his company laptop to send personal emails and store personal files. When RacSack Corporation monitors the laptop and discovers that Alex has been job hunting, Alex sues for invasion of privacy. Which of the following is correct?

Taylor works for StarTech Solutions, a small tech consulting…

Taylor works for StarTech Solutions, a small tech consulting firm with $500,000 in annual revenue. After a car accident, Taylor becomes wheelchair-bound and requests that the company install an elevator to allow him to access the second-floor workspace. The cost of the elevator is estimated at $240,500, which exceeds 40% of the company’s annual revenue. When StarTech Solutions denies the request, citing financial hardship, Taylor files a lawsuit alleging disability discrimination under the Americans with Disabilities Act (ADA). Which of the following best describes the company’s obligations under the ADA?