Which of the following is a difference between limited liability companies (LLCs) and corporations?
A. Corporations can have any number of owners, whereas LLCs can have only a limited number of owners.
B. Corporations are not required to hold board meetings, whereas LLCs must hold regular board meetings.
C. LLCs are subject to fewer reporting requirements than corporations.
D. LLCs offer less flexibility than corporations in terms of tax treatment.
Answer: C
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Which of the following ways to convey a brand's category membership relates to well-known, noteworthy brands in a category helping a brand specify its category membership?
A) comparing to exemplars B) communicating deliverability variables C) identifying counter examples D) announcing category benefits E) relying on the product descriptor
Which of the following is correct concerning termination statements?
A. A termination statement must be filed by a secured party when a debtor has defaulted on a loan. B. For consumer debt, the secured party must complete a termination statement in every place that it filed a financing statement. C. The secured party must file a termination statement within 30 days of a consumer debtor's demand, provided the debtor has paid the full debt. D. A termination statement indicates that a secured party is transferring its rights to collateral to another party.
Traditional summaries briefly ___________________
a. introduce the author b. describe other related documents c. repeat the document's major ideas d. define key terms
Your boss, Kerry Miller, has asked you to analyze the soft-drink industry using Porter's Five Forces Model. Which of the following represents rivalry in the soft-drink industry?
A. Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. B. Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store. C. Zevia Natural Diet Soda begins selling directly over the Internet. D. Coke and Pepsi submit bids to the owner of a football stadium for the exclusive sale of their products during games.