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(SOLVED) Twelve accounting and financial services

professionals opt to form a


Twelve accounting and financial services professionals opt to form a limited liability partnership.
They have experience in the industry ranging from 15 to 35 years. Edie Fercano has the most
professional and managerial experience and is bringing the most valuable clients to the
business. She has one client that she […]

Karl Allen and Renee Galzo choose to be the sole owners and managers of a financial services
business, Allen-Galzo & Associates LLP. Allen holds the copyright to investment analysis
software that he developed three years ago. The LLP will use the software to service its clients.
The software requires regular […]

George Lawler and John Claydon were lawyers who maintained separate law practices in the
same office space. They shared the expenses of that space, but never shared clients, did not
commingle their funds, and did not share profits or losses from their practices. A sign identified
the office as “Claydon […]

In 1982, a subsidiary of W. S. Kirkpatrick & Co. won a Nigerian Defense Ministry contract for the
construction and equipment of an aeromedical center at a Nigerian Air Force base.
Environmental Tectonics Corporation (Environmental), an unsuccessful bidder for the same
contract, filed RICO and Robinson-Patman Act claims against Kirkpatrick. […]

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Patron Aviation, Inc., an aviation company, bought an airplane engine from L&M Aircraft. The
engine was assembled and shipped to L&M by Teledyne Industries, Inc. L&M installed the
engine in one of Patron’s airplanes. The engine turned out to be defective, so Patron sued L&M
and Teledyne. One of the […]

Besides maintaining a private law practice, Keith Gill offered credit repair services to consumers
in a business that he operated with a retired attorney, Richard Murkey. In various contexts, Gill
and Murkey made representations to the effect that they could remove any accurate and
nonobsolete information of a negative nature […]

For many years, advertisements for Listerine Antiseptic Mouthwash had impliedly claimed that
Listerine was beneficial in the treatment of colds, cold symptoms, and sore throats. An FTC
adjudicative proceeding concluded that these claims were false. Thus, the FTC ordered Warner-
Lambert Company, the manufacturer of Listerine, to include the following statement […]

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