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Author Question: While most states have adopted limited liability company statutes, few states have created statutes ... (Read 106 times)

mspears3

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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



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Mollythedog

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Answer to Question 1

FALSE

Answer to Question 2

B





 

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