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

Author Question: A coop need not be incorporated. Indicate whether the statement is true or ... (Read 72 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jun 24, 2018
A coop need not be incorporated.
  Indicate whether the statement is true or false

Question 2

All of the following statements concerning LLC's are incorrect except: ______.
 A) Federal income tax is due on its income as an entity.
 B) Income flows through to the members based on their proportionate interests in the company.
 C) No filing is necessary to form a limited liability company.
 D) All members enjoy unlimited liability.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jun 24, 2018
:D TYSM

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

The correct statement about hormones-insulin and glucagon The correct statement about hormones-insulin and glucagon
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
Which of the following statements is true of linkage? Which of the following statements is true of linkage?
Example of a patient statement. Example of a patient statement.
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Incorporated errors and mutations Incorporated errors and mutations
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library