Which of the following is true of an LLC?
A. An LLC is a creature of federal law.
B. An LLC is regarded as a separate legal entity.
C. An LLC cannot hold title to property.
D. The owners of an LLC are called general partners or specific partners.
Answer: B
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Prior to 2004, Nokia launched different cell phone products in different countries at different times. Nokia also used different advertising images and messages in different countries. Which approach to the world marketplace was Nokia using?
A) product-communications extension B) product extension-communications adaptation C) product adaptation-communications extension D) product-communication adaptation E) product invention
Sequential storage means
a. data is stored on tape b. access is achieved through an index c. access is direct d. reading record 100 requires first reading records 1 to 99
Sun Microsystems CEO, Scott McNealy, once banned the use of PowerPoint by his employees
Indicate whether the statement is true or false
Which provision in the U.S. Constitution gives Congress the power to "lay and collect taxes?"
a. Article I section 8 b. 16th Amendment c. Commerce Clause d. Supremacy Clause