Hafsa and Nicholai form a limited liability company to conduct a particular business activity for profit. Which of the following is not true?
A) The articles of organization must be filed in a designated state office.
B) No particular form of organization is required.
C) The company name must include the words "limited liability company" or "limited company" or the abbreviation "LLC" or "LC."
D) The contribution of a member may be a promissory note.
B
You might also like to view...
Jane used the word BRIEF as follows to organize the body of the presentation, as follows: Brainstorm ideas, Research ideas, Interpret ideas, Energize ideas, Finalize ideas. What type of organization pattern did Jane use?
a. Chronological b. Cause and effect c. Spatial d. Topical
Choose the appropriate standards-setting strategy for a firm that: possesses the required skills and resources to establish their particular technology as the standard, barriers to imitation are high, and there are few capable competitors
a. aggressive sole provider b. passive multiple licensing c. aggressive multiple licensing d. selective partnering e. passive partnering
Psychologist Lawrence Kohlberg observed that people progress through sequential stages of moral development according to the two major variables of age and reasoning
a. True b. False Indicate whether the statement is true or false
All of the following countries are popular sources of malware attacks except:
A) the Netherlands. B) the United Kingdom. C) the United States. D) Germany. E) Mexico.