Which of the following is true of limited liability companies?
A) An LLC can be sued by third-parties as a separate entity

B) An LLC cannot enter into contracts under its own name.
C) An LLC is a legal entity indistinct from its members.
D) An LLC cannot be a manager-managed business entity.


A

Business

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A(n) ______________________________ is an authorization that identifies the type and quantity of materials to be withdrawn from the storeroom and tracks the manufacturing order being produced and the work center needing the materials

Fill in the blank(s) with correct word

Business

Which format has experienced increased usage in sponsorship programs?

A) television advertising B) hits C) blogs and social media D) public relations

Business

The manager of Mack's Bar sent Olive Outlet an order for 200 cases of olives to be shipped "as soon as possible." The day Olive Outlet receives Mack's order, it ships the olives. Later that day, Mack's manager phones Olive Outlet and tries to revoke his offer. Under these circumstances:

A. Mack's Bar can revoke based on principles of promissory estoppel. B. Mack's Bar can revoke because the acceptance had not been received. C. Mack's Bar cannot revoke because a contract was created when Outlet shipped the olives. D. Mack's Bar cannot revoke, since the olives will spoil if they are shipped back.

Business

When a nonprobability sample is used, there are no appropriate statistical techniques for measurement of random sampling error.

Answer the following statement true (T) or false (F)

Business