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Dr. Ruiz shares equal responsibility and liability with her colleagues in their medical practice. What kind of partnership is her practice?
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What do the letters LLP stand for in the Legal Profession?
I believe that LLP would be Limited Liability Practice. Same as PC at the end of a Law firm means Professional Corporation. or LLC-Limited Liability Corporation.... This simply shows the public, based on various state laws, that the Law firm has been incorporated.
WHAT is true for a limited liability partnership?
The partner with unlimited liability is generally the initial person who started the partnership and owns the majority of the company. Unlimited liability means if the company fails, files for bankruptcy and you owe debts; then your personal assets can be seized such as your home, car, contents of your bank accounts to pay off the debts. The other partner(s) are only liable for their investment in the company.
What has the author Ralph C Anzivino written?
Ralph C. Anzivino has written: 'Partner and Partnership Bankruptcy (Bankruptcy Practice Library)' 'Partner and Partnership Bankruptcy' -- subject(s): Bankruptcy, Partnership 'Partner and Partnership Bankruptcy, 1994 Cumulative Supplement No 1 (Bankruptcy Practice Library)'
When two or more physicians elect to associate in the practice of medicine without incorporating?
When two or more physicians choose to practice together without forming a corporation, they are typically operating as a partnership. In a partnership, they share the responsibilities, liabilities, and profits of the practice. Each physician remains personally liable for the actions of the partnership.
Does Hillary Clinton still have a partnership in a law practice?
yes
What is a private practice?
A private practice is one that is held or owned by an individual as opposed to a corporation or partnership.
What are facts to know about a pediatric doctor?
Qualifications, license to practice and opinion from patients and colleagues.
Requiring that friends and colleagues practice your cultural traditions is an example of?
Being an ungracious host.
What has the author Vincent R Fontana written?
Vincent R. Fontana has written: 'Municipal Liability' -- subject(s): State action (Civil rights), Tort liability of municipal corporations 'Law and Practice (Municipal Liability)' 'Municipal Liability Law and Practice' -- subject(s): Forms, Tort liability of municipal corporations
What practice management system allows for a sharing of expenses without sharing profits and liability?
Associate Practice.
When does one need an employment practices liability insurance?
Employment Practice Liability Insurance (EPLI) is available to employers to help defend and respond to claims by employees for acts related to their employment. Therefore, it is strongly recommended that one should have an employment practice liability insurance.
Dr. hazlehurst has responsibility for her practice 7 days a week. this practice is called a?
Sole Proprietorship
