Vasili is considering forms of business organization for Vasili's Designs, an architectural firm. An advantage of a limited liability partnership is that partners may be able to avoid personal liability for
A. any partnership obligation.
B. only other partners' wrongdoing.
C. only partnership obligations that exceed capital contributions.
D. only partnership obligations that fall within capital contributions.
Answer: A
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What is considered as the supreme law of the land in the United States?
A) judicial decisions issued by the state courts B) the Constitution of the United States of America C) the federal statutes passed by the United States Congress D) executive orders passed by the president
Employee handbooks should be customized to fit a company's current situation instead of being too generalized.
Answer the following statement true (T) or false (F)
As illustrated by the Supreme Court ruling in the Beck case, where non-union workers at AT&T were required by a union to pay "agency fees," instead of union dues, to contribute to the expense of representing these workers in collective bargaining:
a. unions are free to use dues from members on political action b. unions are not free to use due equivalents from nonmembers on political action c. unions may never use any dues or agency fees for political action d. unions may not require agency fees e. unions may not require members to pay dues
The term ____ describes the way in which an organization uses resources to give it a major edge over its competitors
a. strategic value b. tactical value c. competitive advantage d. comparable advantage