Which of the following statements regarding limited liability companies is true?
A. Just like an S corporation, an LLC member's share of ordinary income is not subject to self-employment taxes.
B. Because LLCs are a relatively new organizational form, many tax questions concerning their operation have yet to be resolved.
C. Just like an S corporation, an LLC is restricted to 100 members.
D. Just like a limited partnership, only LLC members who are not actively involved in the entity's business activities have limited liability for the LLC's debts.
Answer: B
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Rubery (1978) argued that labour markets were not just structured by the actions of employers, but also ___________.
a. The actions of managers b. The ability of labour to maintain, develop, extend and reshape their organization and bargaining power c. The ability of capitalists to control management, who in turn controlled labour d. None of the above
Which of the following is NOT a shortcoming of early file-oriented database structures?
a. data redundancy b. poor data control c. inadequate data manipulation capabilities d. inability to resemble manual recordkeeping
Expectancy theory argues that people answer questions about whether they will be rewarded
a. in all or nothing terms b. in overly optimistic ways c. in overly pessimistic ways d. with probability estimates
How much would you be willing to pay (rounded to the nearest dollar) for a 20-year ordinary
annuity if the payments are $4,500 per year and you want to earn a rate of return equal to 5.5% per year? A) $63,445 B) $84,500 C) $56,734 D) $53,777