Log In Create Account
Beta

Flashcards Studio

Write, submit, and receive AI feedback with score breakdowns.

Grades Left 0 this week
AI Graded 0 this week
Tracked Cards 0 saved
Due Review 0 cards
Question Type
0 tracked cards Business Associations
Next

Question

Maya and Theo planned to open a meal-prep business as HarvestBox LLC. Before any filing, Maya signed a six-month kitchen lease "for HarvestBox LLC, by Maya, organizer." She told the landlord that the LLC paperwork would be filed the following week. The landlord did not say whether it would release Maya personally after formation.
Two weeks later, articles of organization for HarvestBox LLC were accepted by the secretary of state. Maya and Theo then signed a short operating agreement allocating profits 60% to Maya and 40% to Theo and stating that both members could manage ordinary business matters. HarvestBox moved into the kitchen and paid rent for three months before defaulting. The landlord sues HarvestBox and Maya personally for unpaid rent.
Was HarvestBox validly formed, and who is liable on the kitchen lease? Discuss.

Your Answer

Use your browser microphone to dictate. This does not use AI credits.
0 words, 0 / 3000 characters
Load another random question