All of the following are advantages of the LLC EXCEPT:
a. pass-through taxation
b. ability to raise money
c. unlimited membership
d. ease of organizing
e. investors can manage
b. ability to raise money
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Another name for the ledger is the book of original entry
Indicate whether the statement is true or false
Designing distribution networks to meet customer expectations suggests what three criteria?
A) rapid response, service, and cost B) rapid response, product choice, and service C) product choice, cost, and service D) cost, process choice, and service E) rapid response, cost, and process choice
Samuel Tate enters into a contract with Bill Smith. Under the terms of this contract, Smith is to pay Tate $7,000 and Tate is to build a garage, repair a boat, and build a doghouse. If the doghouse has not yet been built, this is an example of a(n):
a. quasi contract. b. illusory contract. c. executory contract. d. executed contract.
What was the defense department penalty for Boeing for using the Lockheed Martin documents?
a. $1 billion fine b. $300 million fine c. $500 million fine d. $1 billion in lost contracts