Most limited liability companies have statues that state that:
a. only one member will be personally liable for the debts of the company
b. no member or manager will be personally liable for the debts of the company
c. no more than two members or managers will be personally liable for the debts of the company d. all members and managers will be personally liable for the debts of the company
e. none of the other choices are correct
b
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Which of the following circumstances is unlikely to increase the success of OD?
A. consideration of cross-cultural differences B. single intervention C. top management support D. goals geared to short-term results E. goals geared to long-term results
Historically, recognition has described a preference for financial reporting such "that possible errors in measurement be in the direction of understatement rather than overstatement of net income and net assets."
Indicate whether the statement is true or false
Describe how you might use break-even analysis to determine whether or not to make a potential investment for a firm. Provide at least one hypothetical example of such a decision.
What will be an ideal response?
Any natural person having full capacity may enter a partnership
a. True b. False Indicate whether the statement is true or false