Mary, Harold, Harvey, and William form an LLC (limited liability company) by contributing $20,000, $50,000, $55,000, and $150,000, respectively. The LLC is designated to be member-managed
When a decision is put to vote, Mary, Harvey, and Harold vote "yes," whereas William votes "no." Which of the following is true in this context?
A) William's decision prevails as he has invested the maximum capital.
B) No conclusion can be derived as the vote is not unanimous.
C) Mary, Harvey, and Harold's decision prevails due to simple majority.
D) The decision is put to vote among the employees of the company.
C
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In the context of territory routing plans, acircular routing plan is best used when:
A. accounts are evenly dispersed throughout the territory. B. accounts are concentrated in different parts of the territory. C. accounts are located in linear clusters that are some distance from one another. D. accounts are held in major metropolitan areas. E. accounts are highly concentrated with locations controlled by a grid of city blocks.
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Indicate whether the statement is true or false