A ________ is a legal structure for your business which separates the owners/partners from personal liability and provides a more flexible allocation of profit and loss.
A. limited liability company (LLC)
B. sole proprietorship
C. partnership
D. limited partnership
Answer: A
You might also like to view...
Which of the following strategies should be adopted for successfully providing effective customer service over the telephone?
A. Multitask while attending to customers on the telephone to save time. B. Always answer a phone call by the third or fourth ring. C. Address customers using their first name irrespective of their consent. D. Always ask open-end questions to clarify or verify information.
FASB requires companies to provide disclosure regarding the preferred stock characteristics
Indicate whether the statement is true or false
________ damages are not recoverable unless the defendant had reason to foresee them at the time the contract was created.
A. Liquidated B. Punitive C. Consequential D. Compensatory
How should researchers determine if case analysis is an appropriate component of exploratory research?
A) They ask themselves questions to determine the relevance of prior cases. B) They determine how similar phenomena in the past is with phenomena in the present. C) it is not necessary to determine appropriateness, because case analysis should always be included in D) Both A and B are correct. E) None of the above are correct.