Consent of all members of the limited liability company is not usually required to

A. amend the limited liability company’s operating agreement.
B. enter into contracts in the normal course of business.
C. amend the limited liability company’s articles of organization.
D. admit a new member to the company.


B. enter into contracts in the normal course of business.

Business

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A variable cost increases in total as the volume increases.

Answer the following statement true (T) or false (F)

Business

A corporation reports the following year-end balance sheet data. The company's working capital equals:         Cash$40,000 Current liabilities$75,000 Accounts receivable 55,000 Long-term liabilities 35,000 Inventory 60,000 Common stock 100,000 Equipment 145,000 Retained earnings 90,000 Total assets$300,000 Total liabilities and equity$300,000 

A. $80,000 B. $300,000 C. $190,000 D. $155,000 E. $75,000

Business

Amy agrees to buy goods from Van for a contract price of $2,000 payable on delivery. Amy repudiates the contract and refuses to pay anything. Van resells the goods in compliance with the Code for $1,700, incurring $200 in sales commissions but saving $250 in shipping costs. Van would recover from Amy:

a. the contract price of $2,000. b. $500. c. $350. d. $250.

Business

The federal Civil Rights Act of 1964 does not apply to the U.S. Government.?

Indicate whether the statement is true or false

Business