Smith & Jones, Accountants, is a limited liability partnership (LLP). The major features of an LLP are that it limits the personal liability of the partners and?
A) it allows the partnership to continue as a pass-through tax entity
B) LLP statutes do not vary from state to state.
C) it can only do business in the state in which it was formed.
D) only a few states have enacted LLP statutes.
A
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The danger associated with remaining customer-led is that:
A) businesses may ignore unexploited opportunities. B) customer benefits may not be considered always. C) businesses might ignore core competencies when serving customers. D) the marketing programs would turn out to be outbound.
Explain the six areas of organizational control.
What will be an ideal response?
Olivia, the general manager of a bowling center, believes that her workers are responsible and capable, and that they can be trusted when given responsibility. Olivia is an example of a(n) ___ manager.
A. Theory Z B. hierarchy C. Theory X D. accountable E. Theory Y
Law that is not favorable to a client's case should:
A) not be included in a memorandum. B) be included in a memorandum. C) be included in a case brief. D) not be included in an opinion letter.