This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Most limited liability companies have statues that state that: a. only one member will be ... (Read 155 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
on: Jun 24, 2018
Most limited liability companies have statues that state that:
 a. only one member will be personally liable for the debts of the company
  b. no member or manager will be personally liable for the debts of the company
  c. no more than two members or managers will be personally liable for the debts of the company d. all members and managers will be personally liable for the debts of the company
  e. none of the other choices are correct

Question 2

The primary purpose of the Truth-in-Lending Act is to provide disclosure of basic information about the cost and terms of credit to consumer-borrowers.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stano32

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 24, 2018
Answer to Question 1

b

Answer to Question 2

TRUE


michelleunicorn

  • Member
  • Posts: 565
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Events of the postabsorptive state. Events of the postabsorptive state.
Ryuthela secundaria, a member of the Liphistiidae Ryuthela secundaria, a member of the Liphistiidae
Christo, Over the River, Project for the Arkansas River, State of Colorado. Christo, Over the River, Project for the Arkansas River, State of Colorado.
Plasma protein binding and drug availability. (a) Drug exists in a free state or bound to plasma ... Plasma protein binding and drug availability. (a) Drug exists in a free state or bound to plasma ...
The steady state in enzyme kinetics The steady state in enzyme kinetics
State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below. State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below.
Video: Interview with Person who has Schizophrenia

For a complete list of videos, visit our video library