An LLC (limited liability company) that is organized in Alabama and is operating in Texas with no operations outside the U.S. is considered a ________ in Texas
A) foreign limited liability company
B) limited liability partnership
C) domestic limited liability company
D) general partnership
A
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Answer the following statements true (T) or false (F)
1. Technology dramatically increases the feedback cycle. 2. Managerial communication behavior represents ritualistic responses to the need to appear competent, intelligent, legitimate, and rational. 3. Sensitive messages should usually be communicated in face-to-face settings. 4. The extent to which a message is negative and the extent to which it is sensitive are highly related.
Answer the following statement(s) true (T) or false (F)
1. Commercial paper is a short-term note that carries more risk than T-bills, is not as liquid, but pays the purchaser a higher rate of interest. 2. Equity capital is funds that are obtained through borrowing and must be repaid. 3. Trade credit is credit given to a firm by the suppliers of the company. 4. If a buyer takes advantage of a “2/10 net 30” trade credit offer it will save 10 percent of the bill if paid within 2–10 days, but will pay the entire invoice total if not paid within that time frame. 5. Most banks do not require collateral for short-term loans to new businesses.
Why do organizations use performance management systems?
a) Identify organizational talent b) Leadership development c) Succession planning d) All of the above
Under the Competitive Equality Banking Act, a nonlocal check must clear in no more than four intervening business days
a. True b. False Indicate whether the statement is true or false