Christian Entertainment Network

Company literature states in part, the partners will have the ability to protect themselves from any possible liabilities and mentions a Commercial General Libility policy, as well as other non disclosed methods to do this. Investors should be aware that partners of a General Partnership, unlike those of a Limited Partnership, are held responsible for the financial liabilities of the partnership. General Liability policies tipically cover personal injury claims. They do not provide protection from financial liabilties such as operational debts incurred and taxes. We suggest careful evaluation of the offer. Rather than make an immediate decision, insist that the company confirm verbal promises and any unclear issues in writing. Verify the offer is registered, or exempt from such requirement, with your state securities commissioner. In California, call the Department of Corporations: 213 736 2481. In cases where the company telemarkets the offer, contact the Attorney General's office to verify registration as a telemarketer and that the company has posted the required $100,000 bond.