100% Original, Plagiarism Free, Tailored to your instructions

Order Now!

Partnership Law and Securities

Partnership Law and Securities
Partnership Law
Brown is not entitled to a higher level of profits than her partner Stratum is. Both individuals accorded varying capital shares, with Brown offering the lesser contribution of $10,000 while Stratum accords $120,000. Additionally, the parties agree to the fact that Brown would compensate her capital deficit by according management services to the company. Generally, LLC laws view management and capital contributions as equal processes since they both work towards the acquisition of the business’ revenues (Alberty, 2005). Therefore, as both are treated as equal contributors within the company, profits should also be spilt within the same basis.
Brown and Stratum’s LLC has employed the management approach that accords supervision responsibilities to them as the only company members (Crane, 2006). Note that, the approach accords equal privileges to both individuals with regard to the management requirement and therefore, had Stratum proposed to award his son a management position paralleling that of Brown, then she bore legal ability to protest against the strategy. Stratum’s son can only be accorded a management position as a third party and this does not accord any powers over Brown, who is a member of the company.
Brown will be entitled to both profit share and capital reimbursement (Ugarkovic, 2007). With the company having a current value of $500, 000, then it translates to a combined profit of $300,000, each member bearing an own share of $150,000, as the capital contributions are termed as equal. The capital should be reimbursed within a period of not less than six months whereas the profits have to be accorded at the stipulated period of twenty-five years upon the clearance of the company’s outstanding expenditures and liabilities.
Upon the withdrawal from the company, Brown is not under any trade obligation from Stratum and she is therefore free to venture into any organization, inclusive of the initial company’s rivals.
            The sales of securities can take two major forms with the initial one marked by currency exchange. The general set period for the actual end of the transaction is accorded as three days, the expiry of which leads to the breach of a sale agreement and consequently the absolution of the arrangement. A sale is only achieved once the purchaser is accorded the securities while the seller is accorded the financial dues within the specified trading association (Curley, 2008). Alternatively, the purchaser may opt to accord to the seller other forms of securities. In case of the latter option, the same duration rules are also employed within the association with the actual sale being sealed with the transfer of the assets from both the seller and the purchaser. A notable trend is therefore notable in both approaches, as evidenced by the title exchanges regarding the transmission of ownership from one individual to another.
In context of the accorded situation, Capital General Corporation (CGC) acted as a broker between Amenity Inc. (AI) and Utah Securities Division (USD). Within the 90,000 allocated shares accorded to CGC customers, trading acquaintances and other business links, none of the associations can be termed as a sale since no monetary exchange was accorded within the process. Additionally, there were no title or assets transfers within the dealings, thereby maintaining the allocated shares as AI’s property. With the acquisition bit however, it meant that USD absorbed the securities into their legal ownership, and this is inclusive of the 90,000 component. USD may therefore decide to recall back the allotted amount of shares, or accord an actual sale to the temporal holders. Therefore, the $25,000 dollars accorded to CGC by USD is the broker fee for the sales arrangement.
Alberty, S. C. (2005). Limited Liability Companies: A Planning and Drafting Guide, 2005 Supplement. Philadelphia, PA: ALI-ABA.
Crane, F. (2006). Limited Liability Company for Group Investments. Florence, AL: Zyrus Press.
Curley, M. T. (2008). Margin Trading from A to Z: A Complete Guide to Borrowing, Investing and Regulation. Hoboken, NJ: John Wiley and Sons.
Ugarkovic, M. (2007). Profit Sharing and Company Performance. Stamford, CT: DUV.

Our Service Charter

  1. Excellent Quality / 100% Plagiarism-Free

    We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers.
  2. Free Revisions

    We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
  3. Confidentiality / 100% No Disclosure

    We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
  4. Money Back Guarantee

    If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit.
  5. 24/7 Customer Support

    We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.

Excellent Quality
Zero Plagiarism
Expert Writers

Instant Quote

Single spaced
approx 275 words per page
Urgency (Less urgent, less costly):
Total Cost: NaN

Get 10% Off on your 1st order!