Members of an LLC should have ________ that outlines responsibilities, voting rights, and the way the LLC is to be managed, at minimum
A) an operating agreement
B) a partnership agreement
C) articles of incorporation
D) articles of partnership
A
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Discuss the concept of consideration
Gateway sold a big-screen TV and entertainment center to Iris for $2000 on credit. Iris signed a promissory note and gave Gateway a security interest in the TV and entertainment center. Gateway filed a financing statement in the appropriate public
office. When Iris defaulted on her monthly payments owing a balance of $1780, Gateway's attorney made arrangements to have the TV and entertainment center repossessed. The attorney then placed classified ads in the local newspaper to sell the goods. The attorney's fees are $300, the repo company charged $150, and the advertising costs are $50. (A) If Iris chooses to redeem the property, how much must she pay to Gateway to recover the property? (B) If Iris does not redeem and the TV and entertainment center are sold for $1750, how will the money be disbursed?
Explain what is meant by the statement: "simulation is not limited to using the standard probability distributions."
What will be an ideal response?
Which of these is an advantage of open-ended questions?
A) allows more spontaneity B) gets to the point more quickly C) makes comparing interviews easier D) saves time