Limited liability companies are taxed like partnerships, but have ...

[Kthamas]

Limited liability companies are taxed like partnerships, but have the liability rules of a corporation.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

When rival firms agree to control output and raise prices, there is:
 a. a strategic market merger b. a vertical merger
  c. a tying arrangement
  d. an interlocking directorate e. none of the other choices

[britb2u]

Answer to Question 1

TRUE

Answer to Question 2

e

[Kthamas]

Thanks for the timely response, appreciate it

[Jsherida]

Excellent