The accepted mode of dress for participating in a videoconference has become to wear business attire above the waist, and sports attire below
Indicate whether the statement is true or false.
Answer: FALSE
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The normal balance is a debit in a
a. liability account; b. revenue account; c. debt account; d. capital account; e. drawing account.
The LLC is a relatively new form of business entity
Indicate whether the statement is true or false
Managing the firm's short-term financing activities is known as ________
A) capital budgeting B) capital structure C) accounts receivable management D) working capital management
John, Nathan, and Julio form JNJ, LLC, with equal capital investment each. On his way to a business meeting with clients of JNJ, Nathan accidentally injures Jessica in a car accident. Which of the following is true in this scenario?
A. Jessica can claim damages from JNJ, LLC, as she was injured in the ordinary course of business. B. Jessica can only claim damages from Nathan and not from JNJ, LLC. C. Jessica can choose to claim damages from any one of the three partners. D. John, Nathan, and Julio have equal personal liability for Jessica's injuries.