Identify a true statement about a limited liability company (LLC).?
A. ?A limited liability company (LLC) has a maximum of 100 stockholders.
B. ?A limited liability company (LLC) offers the limited personal liability associated with a corporation.
C. ?A limited liability company (LLC) has only one type of stock (membership interest).
D. ?A limited liability company (LLC) is taxed as a partnership and the stockholders are subject to double taxation.
E. ?A limited liability company (LLC) is liable for the negligence, irresponsibility, or similar acts committed by any partner.
Answer: B
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A) -14% B) -6.2% C) 6.2% D) 14% E) 20.2%
Everything else remaining unchanged, a decrease in the supply of security A and an increase in the demand for security B will cause the price of security A to ____ and the price of security B to ____.
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Open-ended questions are used to elicit a specific answer, such as yes or no
Indicate whether the statement is true or false.