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 152 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

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

An activation barrier, representing the transition state An activation barrier, representing the transition state
Christo, Over the River, Project for the Arkansas River, State of Colorado. Christo, Over the River, Project for the Arkansas River, State of Colorado.
Founder of Adidas and Puma companies are brothers Founder of Adidas and Puma companies are brothers
State the amplitude, period, equation of the axis, and maximum and minimum value State the amplitude, period, equation of the axis, and maximum and minimum value
Sam and Jen had a tax liability of 5,115 last year. They were entitled to tax credits of 112 ... Sam and Jen had a tax liability of 5,115 last year. They were entitled to tax credits of 112 ...
Video: Mendel's pea plant, Pisum sativum experimental

For a complete list of videos, visit our video library