A(n) ________ LLC (limited liability company) has no specified term of duration

A) short-form
B) general
C) term
D) at-will


D

Business

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Americans typically want to "go it alone." As a result, they may be outnumbered in a negotiation situation

Indicate whether the statement is true or false

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If net sales total $50,000, beginning accounts receivable was $10,000, and ending accounts receivable is 16,000, what is the receivables turnover?

A) 1.9 times B) 3.1 times C) 3.8 times D) 5 times

Business

To obtain title under adverse possession, the adverse possessor must physically occupy the property

Indicate whether the statement is true or false

Business

The United States v. Lopez case demonstrates which of the following?

a. There are no limitations on the federal government's power pursuant to the Interstate Commerce Clause. b. The extensive power of the states to regulate interstate commerce. c. Limitations on federal power. d. Gun ownership cannot be regulated.

Business