What is an important aspect of limited liability partnership?

a. LLP is a ownership, it must have one owner.
b. LLP is a partnership, it must have two or more owners.
c. LLP is a sole proprietorship, it must have two or more owners.
d. LLP is a sole proprietorship, it must have one owner.
e. none of the above.


b. LLP is a partnership, it must have two or more owners.

Business

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According to the text, the typical focus group costs the client about $6,500

Indicate whether the statement is true or false

Business

In a common-size income statement, each item is expressed as a percentage of net sales

Indicate whether the statement is true or false

Business

Which of the following is not one of the general categories of goods subject to a security interest

under Article 9 of the UCC? A) Inventory B) Consumer goods C) Farm products D) Equipment E) Building materials

Business

In-process inventory represents the amount of work waiting to be completed but delayed due to unavailable resources

Indicate whether the statement is true or false

Business