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Bay City Merchants Corporation has six shareholders, four of whom are members of the same family. All of Bay City’s shareholders agree in writing to operate without shareholders’ meetings. This most likely warrants​

In a general partnership, the senior partner manages the partnership.​

To use attachment as a remedy, a creditor must have an enforceable right to payment of the debt.​

Chloe is seventeen years old. Under the Fair Labor Standards Act, she cannot

Otto is considering forms of business organization for Pro Tree Service, his landscaping firm. Like most states, Otto’s state requires that to form a limited liability company, he must file with a central state agency​

Chet is a partner in Diligent Accounting Service. Chet can inspect Diligent’s books and records​

Directors can delegate work to corporate officers and employees.​

Harry and Ilene want to market a new line of kayaks and related gear under the brand name Journeys as a corporation—Journeys Inc. To avoid income taxes at the corporate level, they should form​

Payments under a Chapter 13 plan must be completed within three to five years, depending on the debtor’s family income.​

Robin’s home is in a state that has a $30,000 homestead exemption. Robin defaults on a $60,000 debt that she owes to Suburban Mortgage Company. Robin’s home is sold at auction for $80,000. From the proceeds, Suburban may recover​