A member or a shareholder is the owner of an LLC.
Answer the following statement true (T) or false (F)
True
You might also like to view...
The following statements pertain to recording transactions. Which of them are true?I. Total debits should equal total credits.II. It is possible to have multiple debits or credits in one journal entry.III. Assets are always listed first in journal entries.IV. Some journal entries will have debits only.
A. II, III, and IV. B. I and II. C. I, II, and IV. D. I only.
In comparison to the past, modern weapon systems ______.
A. have a less detailed statement of work B. have a more detailed statement of work C. are not in compliance with the Geneva Convention D. are much less expensive
The technique that involves increasing points by a constant percentage in the point evaluation method is called
A. Straight arithmetic. B. Mathematical. C. Quantitative. D. Geometric progression.
A court may pierce an LLC's veil ifÂ
A. members fail to provide adequate capital. B. members treat the LLC like a separate organization. C. members keep their assets and the assets of the LLC separate. D. the LLC has too many members.