If partners wish to maintain having protection against personal liability, it is essential to comply with all the technicalities of a limited liability partnership statute.

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


True

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As an independent memory device, flash memory takes two main forms: as a memory card , and as a(n) _____.

A. USB port B. USB drive C. index drive D. index port

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Patty is a poor college student struggling to work and keep up with her studies. Fred, her uncle, promises to pay Patty support of $200 per month for the next six months. Although Fred didn't ask her to, she quits her current job in order to devote full time to her studies for the next six months. Fred makes one payment and then stops with no explanation. If Patty sues, what is the likely result?

a. Fred would win, as he did not ask Patty to quit her job. b. Patty would win, as a contract was formed when Fred promised to pay her the support. c. Fred would win, as family members cannot sue each other for breach of an oral promise. d. Patty may win under the doctrine of promissory estoppel.

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If A and B are independent events with P(A) = 0.4 and P(B) = 0.6, then P(A ? B) =

a. 0.76 b. 1.00 c. 0.24 d. 0.20

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Consider the following hypothesis problem. n = 30 H0: ?2 = 500 s2 = 625 Ha: ?2 ? 500 At the 5% level of significance, the null hypothesis a. should be rejected

b. should not be rejected. c. should be revised. d. should not be tested.

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