A limited liability company:
a. is chartered by the Securities and Exchange Commission b. has the liability of a corporation
c. is taxed like a corporation
d. is chartered by the Securities and Exchange Commission and has the liability of a corporation e. is taxed like and has the liability of a corporation
b
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A company issued 190 shares of $100 par value common stock for $22,600 cash. The total amount of paid-in capital in excess of par is:
A. $19,000. B. $1900. C. $3600. D. $100. E. $22,600.
The question close focuses on having the buyer make a key decision.
Answer the following statement true (T) or false (F)
Roger assaulted Jim in a tavern, causing medical expenses and lost wages. Which of the following is true?
a. Roger can be prosecuted by the state for a criminal offense and Jim may sue him for money damages. b. If Roger is convicted of criminal assault, Jim is not allowed to sue him for money damages since that would violate the double jeopardy clause of the Constitution. c. If Jim refuses to press charges against Roger, the state cannot initiate a criminal proceeding against him. d. Jim can either elect to sue for money damages or proceed with criminal charges.
Mr. Gomez will manage employees throughout the northwestern region of the United States. His employees will consist of most major nationalities and both males and females. In determining his span of control, you should consider which of the following span factors?
A. The percentage of females B. The percentage of minorities C. The percentage with college degrees D. The percentage who do not have college degrees E. Whether the subordinates are physically located far from one another