Tuesday, January 26, 2010

OA or AI?

Isn't it time to come back? For how long I was not here? Three months? Well, isn't it the standard period of absence on my blog? I think so.

I was reading for my Biz planning class, and realized that I have asked yesterday a very stupid question during a clinic session. One of the students told that they are working on operating agreement and I have asked what type of entity is their client: "LLC or corporation?" Hellooooo, corporations have articles of incorporations. Only LLCs and partnerships may have operating agreement. Again, I disgraced myself!

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