Which of the following is an incorrect statement regarding the naming of a limited liability company (LLC)?
A) Selecting a name is an important step in creating an LLC.
B) The words "Incorporated" or "Inc." must be used in naming an LLC.
C) An LLC name is reserved by filing an application with the secretary of state.
D) In the process of naming an LLC, it is necessary to determine whether the proposed company name is federally trademarked by another company.
B
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There are two general types of franchises: business-format franchises and ________ franchises.
A. manufacturing B. product-distribution C. general service D. venture E. distribution
A company borrowed $16,000 by signing a 4-month promissory note at 12%. The amount of interest to be paid at maturity is $640.
Answer the following statement true (T) or false (F)
The five-level ______ Model of Global Leadership attempts to identify a progression of skills required for effective global leadership.
Fill in the blank(s) with the appropriate word(s).
By stressing one main point, you limit a message to that point
Indicate whether the statement is true or false