A limited liability partnership:

a. Has ownership interests that cannot be transferred
b. Protects the partners from liability for the debts of the partnership
c. Must pay taxes on its income
d. Requires no formal steps for its creation
e. Permits a limited number of partners


.B

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The states retain the exclusive power to regulate intrastate commerce.

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

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Contrast the viewpoints for and against social responsibility. Which leading economist argued against social responsibility?

What will be an ideal response?

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How can a market research team best use social media to manage customer relationships?

A) By addressing complaints on the social media site B) By including personal responses instead of corporate responses C) By reacting to all new customer feedback D) By using the social networking site to interact with customers and learn about their preferences E) By broadcasting through multiple mediums

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Which of the following statements is true?

a. To determine the amount of gain or loss on redemption of bonds, compare the redemption price with the carrying value of the bonds. b. To determine the amount of gain or loss on redemption of bonds, compare the redemption price with the face value of the bonds. c. To determine the amount of gain or loss on redemption of bonds, compare the balance in the Premium on Bonds Payable or the balance in the Discount on Bonds Payable account with the carrying value of the bonds. d. To determine the amount of gain or loss on redemption of bonds, compare the balance in the Premium on Bonds Payable or the balance in the Discount on Bonds Payable account with the face value of the bonds. e. All of the above statements are true.

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