The existence of an LLC begins when the articles of organization are filed.

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


True

Business

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David owns a plot of industrial land. He allows it to be used as a dump site for industrial waste. David eventually finds out that the waste is hazardous

In order to avoid trouble, he sells the land without disclosing to the new owner the issues regarding the hazardous waste. Since David is no longer the owner, will he be subject to investigation in the future? Give reasons for your answer.

Business

The First Amendment provides a guarantee of the freedom to speak under all circumstances

Indicate whether the statement is true or false

Business

Which of the following type of firms are most likely to payout cash dividends?

A) rapidly growing firms B) firms encouraging innovation C) large mature firms D) firms expanding their operations

Business

A networked application is an application that requires a network to operate

Indicate whether the statement is true or false

Business