In recent years, many partnerships and sole proprietorships have become limited liability companies (LLCs), or limited liability partnerships (LLPs), to limit their owners' personal liability for business debts and other obligations

Indicate whether the statement is true or false


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Business

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Which of the following statements about durable goods is true?

A) Durable goods are more likely than perishable goods to involve low-involvement decisions. B) The information search is quicker for durable goods than it is for nondurable goods. C) Consumers purchasing durable goods are likely to use habitual decision making. D) Product evaluation is more likely to take place for nondurable goods than for durable goods. E) Durable goods provide a benefit over a long period of time.

Business

If territory from one state shifts to another, the law of state succession applies the Merger Rule

Indicate whether the statement is true or false

Business

A resource loading table is created through identifying the project activities and the resources required for completion and applying this information to the project schedule baseline

Indicate whether the statement is true or false

Business

Use the information below to answer the following question(s):Howard Co. uses the direct method to prepare its operating activities section of the statement of cash flows. Indicate how each event affects net income and the three types of activities on the statement of cash flows. In the net income column, use the letter "I" to indicate increase, the letter "D" to indicate decrease, and the letters "NA" to indicate no effect on net income. In the three cash flow columns, use the letter "I" to indicate cash inflow, the letter "D" to indicate cash outflow, and the letters "NA" to indicate no effect on cash flows.Howard Co. issued 20,000 shares of common stock for $300,000 cash.

height="66" width="467" /> What will be an ideal response?

Business