Condominium associations can file liens for nonpayment of monthly ...

[shofmannx20]

Condominium associations can file liens for nonpayment of monthly association fees.
  Indicate whether the statement is true or false

Question 2

A limited liability company may be classified as a partnership for tax purposes if:
 A) such an election is made by checking the box for partnership tax treatment on the appropriate Internal Revenue Service form.
 B) such an election is made in the operating agreement.
 C) such an election is made in the articles of incorporation.
 D) a majority of its members petition the Internal Revenue Service for partnership tax treatment.

[ApricotDream]

Answer to Question 1

TRUE

Answer to Question 2

A