A limited liability partnership may exempt its partners from personal liability for any partnership obligation.

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


True

Business

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Risk that can be eliminated by diversification is

A. idiosyncratic risk. B. market risk. C. default risk. D. interest-rate risk.

Business

Which of the following statements is a disadvantage of a joint venture?

A. The local retailer is at freedom to choose which laws they adhere to. B. The entering retailer must bear all the loss. C. Only the local retailer is exempted from trade laws. D. Government places restrictions on the repatriation of profits. E. Only the local retailer is exempted from trade tax.

Business

Controlling is the process of ______.

a. setting objectives for employees b. determining which lines of business the corporation will be in and how it will allocate resources among them c. monitoring progress and taking corrective action when needed to achieve objectives d. closely watching employees

Business

When looking at brand value higher discount rates means future sales are more certain.

a. True b. False

Business