Which of the following forms of organizations have earnings that are taxed twice, once as business
income and once as personal income as the earnings are distributed to the owners in the form of
dividends?
A) limited partnerships B) general partnerships
C) corporations D) both A and C
C
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A partnership is liquidated when a new partner is admitted to the partnership
Indicate whether the statement is true or false
Company assets associated with the brand, like patents, trademarks, and distribution channel
relationships, can help protect brand equity. Indicate whether the statement is true or false
Define subject matter jurisdiction. In terms of subject matter jurisdiction, describe the types of cases that are subject to:
a) exclusive federal jurisdiction; b) concurrent (in other words, both federal and state) jurisdiction; and c) state court jurisdiction.
Which of the following is not an advantage of simulation methodology as compared to mathematical programming techniques?
a. Finding optimal solutions b. Investigating hypothetical scenarios before implementing potential costly changes c. Dealing with relatively complex systems d. None of the above