Business
Business, 28.08.2019 10:30, skmc1985

Do business partners earn equal profit?

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Mathematics, 16.08.2019 17:10, jjgurl60
Six equal partners own a local pizzeria. the partners have tremendous profit and bought many personal items such as cars , boats new homes, and so on. in order to protect their possessions they decide to incorporate the pizzeria, so that the six partners own shares in the corporation and have limited liability. the business is worth $675,000. after an accident, the partners lose a lawsuit and have to pay $1.2 million in damages. how much money partner personally lose to pay this lawsuit? explain.
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Mathematics, 16.09.2019 21:00, Serenitybella
15. six equal partners own a local pizzeria. the partners have made a tre- mendous profit and bought many personal items such as cars, boats, new homes, and so on. in order to protect their personal possessions, they decide to incorporate the pizzeria, so that the six partners own shares in the corporation and have limited liability. the business is worth $675,000. after an accident, the partners lose a lawsuit and have to pay $1.2 million in damages. how much money will each partner personally lose to pay this lawsuit? explain.
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