F. Pregunta: Los aparatos electrodomésticos. Answer the following question with complete sentences. Write at least 15 words. (5 pts.) En el ejercicio E se mencionan (are mentioned) tres aparatos electrodomésticos: la secadora, el horno y la aspiradora. ¿Cuáles son los otros electrodomésticos que aprendiste (that you have learned) en la lección 5?  Menciona al menos cuatro (4) y explica cuál (which one) es el más útil (the most useful) para ti y por qué.

List the 3 essential elements of a partnership.

In an LLC, members decide how to operate the business and enter into a binding agreement of essential terms, and this is called the Operating Agreement.

When incorporating a corporation, why do people research and potentially select a state different than their current residence to incorporate? Explain why this same thing does not occur when forming LLCs. (4pts)

Who owns a corporation? 

What type of stock allows for preferential treatment?

When an LLC dissolves, the process of selling the assets, paying the debts, and closing the company is called __________?

There is no requirement for small, close corporations to operate with the formality usually expected of larger corporations. 

1. Define trespass to chattel. (1pt) 2. Define conversion. (1 pt) 3. Explain a difference between trespass to chattel and conversion. (1 pt) 4. Give an example of trespass to chattel (1 pt) 5. Give and example of conversion (1 pt)

Preferred stock generally does not have voting rights.