This topic contains a solution. Click here to go to the answer

Author Question: While most states have adopted limited liability company statutes, few states have created statutes ... (Read 69 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
While most states have adopted limited liability company statutes, few states have created statutes allowing the formation of limited liability partnerships.
  Indicate whether the statement is true or false

Question 2

The county assessor for Cuyahoga County has determined that a property located in the downtown area of Cleveland, which is currently being used as a storage facility, could be used as a casino and its revenue would be triple its current gross revenue. As a result, the assessor increased the property's valuation by 20. Which method of valuation is the assessor using?
 A)Market approach
 B)Income approach
 C)Cost approach
 D)None of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mollythedog

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

FALSE

Answer to Question 2

B





 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library