When a member dissociates from a limited liability company, the member's duty of loyalty continues

a. True
b. False
Indicate whether the statement is true or false


False

Business

You might also like to view...

Which theory suggests that factor (resource) endowments determine a nation’s comparative advantage?

a. the Linder theory b. the product life cycle theory c. the MacDougall theory d. the Heckscher-Ohlin theory

Business

The auditor traces recorded sales to invoices, sales orders and shipping documents in order to substantiate which assertion?

a. Cutoff. b. Completeness. c. Legality. d. Occurrence.

Business

The Excel LP model for this scenario shows the following sensitivity report for the constraints. Comment on the salient features

Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $G$5 Budget 3500 12 3500 2560 3440 $G$6 Newspaper 0 0 4 1E+30 4 $G$7 Radio 13.76 0 24 1E+30 10.24 $G$8 Twitter 0 0 3 1E+30 3 $G$9 Facebook 4 20 4 229.3333333 4

Business

Which of the following is true about the GDP?

a. To arrive at per capita GDP, a nation’s GDP is simply divided by the number of its population who are in the workforce. b. The GDP figures are excluded when making comparisons between countries. c. It is the total market value of all goods and services produced in a one-year period within the boundaries of a nation. d. The GDP includes what products U.S. firms produce oversees. e. It is the total market value of all goods and services produced in a one-year period within the boundaries of one nation in relation to another nation.

Business