Owners of a limited liability company:
A) have unlimited liability for contracts entered into by the LLC
B) can transfer their membership as a personal property interest.
C) cannot assume any management responsibilities.
D) All of the above
B
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The leader of a small work group has several employees that are new to the group and a number of employees who have been part of this group for five years or more. The five-year members rarely ask questions and complete their work on a timely basis. The leader checks in on them occasionally to see if there is anything that they need. The new employees are not sure how to complete their work, and they have been asking many questions. This leader has checked in on them occasionally and has assumed that each of their questions have been answered by the more experienced team members. This leadership approach could be described as ______.
a. flexible b. inflexible c. contextual d. specific
Stock A has an expected return of 12%, a beta of 1.2, and a standard deviation of 20%. Stock B also has a beta of 1.2, but its expected return is 10% and its standard deviation is 15%. Portfolio AB has $300,000 invested in Stock A and $100,000 invested in Stock B. The correlation between the two stocks' returns is zero (that is, rA,B = 0). Which of the following statements is CORRECT?
A. The stocks are not in equilibrium based on the CAPM; if A is valued correctly, then B is overvalued. B. The stocks are not in equilibrium based on the CAPM; if A is valued correctly, then B is undervalued. C. Portfolio AB's expected return is 11.0%. D. Portfolio AB's beta is less than 1.2. E. Portfolio AB's standard deviation is 17.5%.
The various rules and conventions that have evolved over time to guide the preparation of financial statements in the U.S. are called ____________________
Fill in the blank(s) with correct word
Which of the following statements is true of alternative dispute resolution?
A) Parties using alternative dispute resolution are likely to face adverse publicity. B) Alternative dispute resolution is generally more expensive than litigation. C) Alternative dispute resolution generally leads to loss of confidentiality and trade secrets. D) Alternative dispute resolution methods are less time-consuming, and the formal-hearing times and places can be set to accommodate the parties.