An LLC must file what document with the secretary of state?
A) Articles of organization
B) Profit and loss allocations of the members
C) The names of the members
D) Operating agreement
E) B and D only
A
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All of the following are true with regards to civil law EXCEPT:
a. to be successful, the plaintiff in a civil case must prove his or her case only by the "preponderance of the evidence.". b. litigating a civil fraud case usually begins when a client in a case of alleged fraud approaches an attorney. c. it begins when one party files a claim for restitution from another, usually for the purpose of gaining financial restitution. d. before a perpetrator is convicted civilly, he or she must be proven guilty "beyond a reasonable doubt.".
Crisis management is typically a public relations function
Indicate whether the statement is true or false
Nancy was a partner of a small business. She could see that the business was beginning to fail and that it was very unlikely it would recover. Not wanting to lose her investment, she asked that the court require the partnership to dissolve since she did not have a legal right to withdraw at that time. Does a court have the authority to order a partnership to dissolve?
a. Yes. A court can dissolve a partnership when it is convinced that the partnership is unlikely to succeed. b. Yes. Under the UPA, if a partner can show the court the business suffered a loss the year before the case was filed, the court can dissolve the partnership. c. No. A court can only dissolve a partnership at the request of all the partners. d. No. A court does not have authority to dissolve the partnership.
What is the cornerstone of the master budget for a merchandising company? Why?
What will be an ideal response