A member's distributional interest in an LLC is ________ and may be transferred in whole or in part.

A. a vote
B. a proxy
C. personal property
D. an authority in management


Answer: C

Business

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McGrath’s model of how project groups operate over time proposes four types of functions:

a. Inception, problem solving, conflict resolution, execution b. Forming, storming, norming, performing c. Creation, development, diffusion, execution d. Investigation, maintenance, socialization, turnover

Business

A word formed from the first letter or letters of each word in a phrase is called a(n) _____

Fill in the blank(s) with correct word

Business

Alex promises to pay $100 to anyone who finds his lost watch. Kate finds and returns the watch to Alex after hearing of the reward money. Alex and Kate have an enforceable unilateral contract

Indicate whether the statement is true or false

Business

According to the factors influencing advertising budgets, which of the following stages of the product life cycle negatively influences the advertising budget?

A. research B. maturity C. reinvestment D. growth E. introduction

Business