Heinz Kirche, GmbH, is a German Gesellschat mit beschranker, or "company with limited liability." A significant difference between a GmbH and a U.S. limited liability company (LLC) is that
a. German law imposes many restrictions on the operations of GmbHs.
b. German law imposes no restrictions on the operations of GmbHs.
c. U.S. law requires an LLC to have an operating agreement.
d. U.S. law requires that an LLC be owned by shareholders.
a
You might also like to view...
The common defense available in a Section 11 action of the Securities Act of 1933 is:
A) The private placement defense. B) The reasonable person defense. C) The de facto compliance defense. D) The no injury to plaintiff defense. E) The due diligence defense.
The essence of ________ marketing is the belief that if businesses deliver valuable information to buyers, customers will reward them with their business and loyalty.
Fill in the blank(s) with the appropriate word(s).
When a plant asset is sold for less than its book value, a gain is recorded
Indicate whether the statement is true or false
Given the network shown in Figure 11-1, assume that completion of B is delayed by two days. What happens to the project?
A) The critical path is extended by two days. B) The start of activity F is delayed by two days. C) The start of activity E is delayed by two days. D) All of the above E) None of the above