A limited liability company (LLC) provides limited liability to all of its owners and permits all of its owners to participate in management

Indicate whether the statement is true or false


True

Business

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Answer the following statements true (T) or false (F)

1) Credit department employees must have access to cash in order to exercise effective internal control over receivables. 2) Separation of cash-handling and cash-accounting duties is a critical element of internal control over receivables. 3) The employees who handle cash know how customers pay and thus are in the best position to grant credit to customers. 4) Businesses must maintain a single Accounts Receivable control account regardless of the number of customers. 5) Separate customer accounts receivable are called subsidiary accounts.

Business

__________refers to communication by marketers that informs, persuades, and reminds potential buyers of a product in order to influence an opinion or elicit a response

Fill in the blanks with correct word.

Business

All adverbs end in "ly."

Indicate whether the statement is true or false

Business

Law governing relations among governments and international organizations is referred to as _______, while law that applies to private parties in international commercial and legal transactions is referred to as _______

A)private international law; public international law B)public international law; private international law C)sovereign international law; statutory international law D)statutory international law; sovereign international law

Business