The implied warranty of fitness for a particular purpose applies to merchants only
Indicate whether the statement is true or false
FALSE
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________ refer to the formal documents that must be filed at the secretary of state's office of the state of organization of an LLC (limited liability company) to form the LLC
A) Operating agreements B) Certificates of interest C) Articles of organization D) Articles of amendment
The transportation mode for items that can be digitized and sent through the Internet is termed ________.
Fill in the blank(s) with the appropriate word(s).
Lisa Larue operated a beauty parlour under the name You Look Marvelous. Initially it was a sole proprietorship, but after being in business for a year, Lisa decided to incorporate as YLM Ltd
The bank with which she had been dealing for the past year demanded that she now sign a demand promissory note, which she did, as "Lisa Larue". When the note was not paid by YLM, the bank sued Lisa personally. Which of the following is TRUE? A) Lisa is not liable. The whole point of incorporating was to obtain limited liability. B) Lisa is liable because she did not make clear in the note that she was signing on behalf of YLM Ltd. C) Lisa is not liable because the bank knew that Lisa had incorporated and therefore intended not to assume personal liability for the business's debts. D) Lisa is liable because she is the sole shareholder E) Lisa is not liable as the promissory note is void due to mistake
What is the first step in the management by objectives (MBO) process?
A. Develop organization goals and metrics B. Develop department goals and metrics C. Review performance D. Add new inputs