what is true of the liability for loss or injury caused by the wrongful acts or omissions of the members of limited liability companies (llcs)?
Answers
The members of a Limited Liability Company have unlimited liability for any loss or injury caused by the wrongful acts or omissions of the firm.
What is a Limited Liability Company?A limited liability company (LLC) is a type of corporate entity that shields owners from being held accountable for the debts and losses of the company. Liability is taken on by the company rather than the partners or shareholders that make up the firm in the case of a lawsuit or business collapse.
In conclusion, an LLC is a type of business organization that combines limited liability with the pass-through taxation of a corporation with a partnership or sole proprietorship. According to state law, an LLC is not a corporation; rather, it is a type of firm that offers its owners limited liability in many jurisdictions.
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Related Questions
At July 1, 2022, Landis Company sold the Ritter bonds for $3,090,000 immediate after receiving the interest payment. Assuming Landis Company has a portfolio of Available-for-Sale Debt Securities, what should Landis Company report as a gain(loss) on the bonds?
Answers
Answer:
76900
Explanation:
Fair Value of Ritter=3,180,000
Landis Purchased= 3,000,000
Rate = 8%
Time = 5 yrs
Bond sold = 3124,740
Rate = 7%
3,180,000- (3124,740 – 10,620 – 10, 980) =76900
which key task in the policy development phase requires the authors to consult with internal and external experts, including legal counsel, human resources, compliance, cybersecurity and technology professionals, auditors, and regulators?
Answers
Answer:
vetting
Explanation:
12. As the second trial began, what happened to Ruby Bates?
Answers
She was missing and they could not find her.
Differentiate between generic and enterprise competition
Answers
Answer:
Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person. The main difference between the two is that generic is rivalry among similar businesses while enterprise is the company itself.
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseFor better understanding, lets explain what Differences between generic and enterprise competition
Generic competition is a type of competition that is outward-oriented and focuse on products. the market that exists here consists of those products and services fulfilling the same customer needCompetitive Enterprise is simply when an existing or planned business enterprise are involved or engages in any activity and also owns or controls some a useful interest and are involved in any activity that tends to competes or will compete with other enterpriseFrom the above, we can therefore say that the answer
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseLearn more about enterprise competition from:
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At what age can you start working?
Answers
Answer:
Explanation:
depends on where you live
Explanation:
It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14
What are the differences between mergers and acquisitions?
What are the pros and cons to mergers and acquisitions?
Answers
Mergers and acquisitions (M&A) are two different strategies used by companies to achieve growth and gain competitive advantages.
Mergers refer to the combination of two or more companies to form a single entity, while acquisitions refer to the purchase of one company by another. In a merger, the companies involved typically combine their resources and assets to form a new company. In an acquisition, one company acquires another and may absorb or integrate its operations into its own.
The benefits of M&A include increased market share, economies of scale, and access to new markets or technologies. However, there are also potential drawbacks, including cultural differences, increased debt, and integration challenges. Additionally, M&A can sometimes lead to job losses and disruption for employees.
Thus, M&A can be a powerful tool for companies to achieve growth and strategic goals. However, careful planning and execution are necessary to ensure success and avoid potential pitfalls.
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Creative thinking and Problem solving
-Outline the problems that business is facing
-Discuss how the business applied creative thinking to solve Problem
Answers
Businesses can effectively identify and address the problems they face through creative thinking and innovative problem-solving approaches.
Here are the steps for discussing how a business applied creative thinking to solve problems:
1. Outline the problems that the business is facing:
A. Start by identifying and defining the specific problems or challenges the business is experiencing.
B. This could include issues related to efficiency, profitability, customer satisfaction, competition, or any other areas where the business is facing difficulties.
2. Discuss how the business applied creative thinking to solve the problem:
A. Creative thinking involves approaching problems from different perspectives and generating innovative solutions.
B. Describe how the business encouraged a culture of creative thinking and brainstorming to address the identified problems.
C. Explain the techniques or methods used, such as mind mapping, idea generation sessions, or cross-functional collaboration.
3. Analyze the creative solutions implemented by the business:
A. Evaluate the specific creative solutions that were devised to solve the identified problems.
B. Discuss how these solutions deviated from conventional approaches and showcased originality and innovation.
C. Highlight the impact of these solutions on the business's overall performance and ability to overcome the challenges.
4. Describe the benefits of applying creative thinking in problem-solving:
A. Explain how creative thinking enabled the business to come up with unconventional and effective solutions.
B. Discuss the advantages of this approach, such as increased adaptability, enhanced problem-solving skills, and the ability to seize new opportunities.
5. Provide examples and evidence:
A. Support your discussion with concrete examples of how the business applied creative thinking in problem-solving.
B. Use specific outcomes, data, or success stories to demonstrate the effectiveness of these approaches.
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what minimum qualifications should an auditor and a finance manager posses?
Answers
Explanation:
bachelor's degree is preferred subjects like accounting, economics, finance or business administration is frequently the minimum education required for financial managers. However, many employers now search for candidates with a master's degree, preferably in business administration, economics or finance.
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in which industry is there heavy reliance on brand name advertising? a. vitamin b. breakfast cereal c. beer d. all of the above
Answers
The Answer: D. All of the above. In which industry is there heavy reliance on brand name advertising?There is a heavy reliance on brand name advertising in the breakfast cereal, vitamin, and beer industry.
Advertising is a vital part of marketing that helps to inform the customers and create a brand image for a company. The objective of advertising is to increase sales by generating demand for the product or service.Therefore, advertising has a strong influence on the brand's success, and businesses rely on advertising to create brand awareness, brand loyalty, and repeat customers. They build a positive image for their brand through advertising and become the customers' first choice when they require a product or service.Answer: D. All of the above
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What needs to happen to the money supply to recession?
Answers
Answer:
In order for your money suppy to recession you need credit.
Explanation:
Your credit needs to be good.
Which factors can affect a stock's price? Check all that apply.
market performance
the company's financial health
the quantity products produced
location of the company
the economy
Answers
Answer:
market performance
the company's financial health
the economy
Explanation:
Stocks or shares represent small units of ownership in a business. The stocks of a public limited company are traded in the stock exchange markets. Investors trading shares are guided by the potential to make profits in deciding what shares to buy.
Share that shows signs of good returns attract many buyers. Investors will focus on a company's financial health as presented in financial statements, the overall state of the economy, and the general market performance to evaluate profits potential. If the conditions are favorable, a stock price will always be rising and present opportunities for profits.
Answer:
1, 2, 5
Explanation:
What one question do you need answered that you feel would take you into the new school year successfully?
Answers
Answer:
will i ever be bullied?
Explanation:
Answer:
Be at the top, be the most populer.
Explanation:
Everyone will respect you
Suppose an investment that promises to pay $10,000 in one year is offered for sale for $9,500. Your interest rate is 5%. Should you invest?
Answers
Yes, you should invest in this case. The present value of the investment is $9,523.81, which is greater than the cost of the investment.
This means that you are getting a good deal on the investment, as you are paying less than the present value of the future cash flows.
The present value of an investment is the value of the investment today, taking into account the time value of money. The time value of money means that a dollar today is worth more than a dollar in the future, due to the fact that you can earn interest on the dollar today.
In this case, the present value of the investment is calculated as follows:
Present Value = Future Value / (1 + Interest Rate)^Time
Use code with caution. Learn more
Present Value = $10,000 / (1 + 0.05)^1
Use code with caution. Learn more
Present Value = $9,523.81
As you can see, the present value of the investment is $9,523.81, which is greater than the cost of the investment.
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What percent is the gig economy is expected to grow to by 2020?
A. 25
B. 50
C. 60
D. 75
Answers
Answer: 50
Explanation: good luck
On 1 March 2018 Sanjeev, who is a sole proprietor, had $600 cash on hand and an overdraft of $400 at the bank. Sanjeev reported the following transactions for the month of March 2018.
2018
Mar 1 - Cash receipt - For sale of old surveillance equipment, $1 800.
5 - Invoice - Received from DD Ltd an invoice showing the value of goods bought for resale at $7 500 less 25% trade discount.
9 - Cash voucher - Sanjeev withdrew $200 for his private use.
13 - Invoice - Sent an invoice to Layby Stores for goods for resale, $2 250 less 20% trade discount.
14 - Credit note - Received a credit note from DD Ltd for good which were delivered, but not according to the requirements of the order, and which showed a value of $800 less 25% trade discount.
16 - Cash register totals report - End of day cash sales report totalled $3 680.
19 - Credit note - Sent a credit note to Layby Stores for goods damaged in transit, $200 less 20% trade discount.
23 - Paying in slip counterfoil - Banked $5 000 of the cash on hand.
26 - Cheque stub - For payment to Jeff's Air-Con Inc. in settlement of an account of $7 500, less a 5% cash discount.
30 - Paying in slip counterfoil - For cheque received from Layby Stores in settlement of their account to date, less a cash discount of $150.
Using the form provided on page 5, record the transactions relevant to a three column
Cash Book. Total and balance the Cash Book as at 31 March 2018.
Answers
The cash book balance as of March 31, 2018, would be $10,930.
In March 2018, the following transactions were recorded in the Cash Book:
On March 1, Sanjeev received $1,800 in cash from the sale of old surveillance equipment.
On March 9, Sanjeev withdrew $200 in cash for personal use.
On March 16, the cash register totals report indicated that the end-of-day cash sales amounted to $3,680.
On March 23, Sanjeev deposited $5,000 of the cash on hand into the bank, using a paying-in slip counterfoil.
On March 30, Sanjeev received a cheque from Layby Stores as settlement of their account to date, which included a cash discount of $150. This transaction was also recorded using a paying-in slip counterfoil.
The total cash book balance as of March 31, 2018, would be calculated by adding the cash receipts and subtracting the cash withdrawals and payments. Considering the above transactions, the cash book balance as of March 31, 2018, would be $10,930.
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Need a slogan for my product for business class
Answers
1. Workplaces that grow plants, such as farms, nurseries, greenhouses,
gardens, and parks are part of
Plant Systems
Animal Systems
Food Products & Processing Systems
Environmental Service Systems
Answers
Answer:
Plant Systems
Explanation:
The plant system entails the science of how plants grow. It is the study of the different types of plants and how they impact our world. Gardens, farms, nurseries, greenhouses, and parks also form part of the plant's system.
Plant Systems specialists help feed the nation by monitoring our plant food quality and safety. They provide information that aids consumers in making sensible nutritional decisions.
u.s. public companies are required to file their annual financial statements with the u.s. securities and exchange commission on which form
Answers
U.S. public companies are required to file their annual financial statements with the U.S. Securities and Exchange Commission (SEC) on Form 10-K.
Form 10-K is a comprehensive annual report that provides detailed information about a public company's financial performance and operations.
It is a mandatory filing required by the SEC for all publicly traded companies in the United States.
The purpose of Form 10-K is to provide transparency and accountability to investors and the general public.
The filing of Form 10-K requires companies to disclose important financial information, such as the company's balance sheet, income statement, cash flow statement, and footnotes to the financial statements.
Additionally, companies must provide information about their business operations, risk factors, executive compensation, legal proceedings, and other relevant details that could impact investors' decision-making.
Form 10-K serves as a valuable resource for investors, analysts, and other stakeholders to assess the financial health and performance of a public company.
It ensures that companies are compliant with reporting requirements and facilitates the transparency and integrity of the U.S. financial markets.
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According to the video, what tasks are commonly performed by Farmworkers instead of by machines? Select three
options.
weeding
Opruning
preparing soil
transplanting
planting
Answers
Answer:
A: weeding
B: pruning
D: transplanting
Explanation:
trust me i just did it
enjoy :)
Audra Smith, President and owner of All-Pro Real Estate Professionals is seeking your assistance in designing a database for her business. One of her employees has experience in developing and implementing Accessbased systems but has no experience in conceptual or logical data modeling. So, at this point Audra only wants you to develop a conceptual data model for her system. You are to use the entity-data diagramming notation with Crows foot symbols. Audra has some very specific needs for her system. There are several aspects of the business that need to be represented in the data model. Of central interest are properties that are listed or sold by the company. Note that a separate division of All-Pro handles raw land, so your system only has to deal with developed property. For all types of properties, Audra wants to keep track of the owner (client), the listing and selling dates, the asking and selling prices, the address of the property, the Multiple Listing Service (MLS) number, and any general comments. In addition, the database should store the client that purchases a property. There are some specialized data that need to be stored, depending on the type of property. For single family houses she wants to store the area (for example UCF or Conway), the size of the house in square feet, the number of bedrooms and baths, the size of the garage (for example, 2 car), and the number of stories. For condominiums, the database should track the name of the complex, the unit number, the size in square feet, the number of bedrooms and baths, and the type of community (coop or condo). For commercial properties, she needs to know the zoning, size in square feet, type (industrial, retail, or office), and the general condition of the property. You will want to use the Supertype/Subtype notation for Property to Property-Type (Single-Family, Condo, Commercial). Audra also wants the database to store information about her real estate agents, such as their name, home address, home phone number, mobile phone number, email address, and their real estate license number. Also, the database should track which agent lists and sells each piece of property. Note that she has a separate system that tracks selling agents and listings from outside brokerages, so you don't have to worry about external agents. However, sometimes a property will be listed and sold by the same All-Pro agent, but other times one All-Pro agent will list a property, and another will sell it. Of course, Audra thinks that it would be good to have the database track information about All-Pro's clients, such as their name, phone number, and street and email addresses. Also, she wants to be able to record comments about the client. AllPro offers referral fees to clients who refer potential customers to the brokerage. The database should store these referral relationships between clients, including the amount and date of the referral payment. Note that only one client can be paid for a referral. In other words, it is not possible for two clients to be paid for referring the same client. Finally, Audra wants to be able to use the database to examine the effectiveness of various advertising outlets. For each outlet, the database should store the name of the outlet (for example, realestate.com or the Orlando Sentinel), the main contact person and their phone number. She also wants to know how much it cost to advertise each property on any outlet used, and when a property was advertised on each outlet used for that property. Keep in mind that a property may be advertised on multiple outlets, and that the cost of advertising on an outlet might vary from property to property. Create an entity relationship diagram that captures Audra's database requirements. The ERD should indicate all entities, attributes, and relationships (including maximum and minimum cardinalities). Also, be sure to indicate primary key attributes. You must draw the ERD using computer software such as Visio, Draw.IO, etc. In addition, you must resolve all M: N (many-to-many) relationships and multi-valued attributes. State any assumptions you make. Remember that your assumptions must be reasonable and must not violate any stated requirements. Think through the entities, and attributes for each entity. Hint: You will have around 7 entities (maybe more).
Answers
The conceptual data model is created to fulfill the requirements of All-Pro Real Estate Professionals. Audra Smith is seeking help from the designer to develop the database model.
There are multiple aspects of the business, but the central interest is the properties that are listed or sold by the company. A separate division of All-Pro handles raw land; thus, the system only has to deal with developed property. The database will also store information about real estate agents, their names, home addresses, home phone numbers, mobile phone numbers, email addresses, and real estate license numbers.
All-Pro's clients' information will be recorded, such as their names, phone numbers, street, and email addresses. The database should be able to keep track of referral fees and referral relationships between clients. The advertising outlets' effectiveness will be examined, and for each outlet, the database will store the name of the outlet, the main contact person and their phone number, how much it cost to advertise each property on any outlet used, and when a property was advertised on each outlet used for that property. The ERD should capture all entities, attributes, and relationships, including maximum and minimum cardinalities, and indicate primary key attributes.
The following assumptions were made while creating the entity-relationship diagram for All-Pro Real Estate Professionals:
Each real estate agent has only one license number.Clients can be individuals or legal entities.All referral relationships are between clients.Only one client can be paid for a referral.The maximum number of bedrooms for single-family homes is eight.The maximum number of stories for single-family homes is four. The maximum number of bedrooms for a condo is eight.The maximum number of stories for a condo is three.Learn more about primary key attributes: https://brainly.com/question/32896108
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give short introduction about tourism industry
Answers
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
If the Cascade Update Related Records setting is activated, what happens when a change is made to the primary key of the primary table?
a) The Enforce Referential Integrity setting is deactivated.
b) Related records that refer to that primary key are orphaned.
c) A junction table is created to link the table with its related records.
d) Related records that refer to that primary key are edited to match.
Answers
Answer:
D
Explanation:
Which one of these statements is correct concerning the lease versus buy decision? A) A firm should always purchase an asset rather than lease it if the asset has a positive salvage value. B) If Dell Computer became a lessor of its own computers it would be doing direct leasing. OC) The lessor is primarily concerned with returning the asset at the end of the lease term without incurring any additional charges. OD) The lessee is primarily concerned about the use of the asset. OE) Dell Computer would be a captive finance company if it became a lessor of its own computers.
Answers
Option D is correct that the lessee is primarily concerned about the use of the asset.Concerning the lease versus buy decision, the following are the correct statements:Option A is incorrect as it is not always true that a company should purchase an asset rather than lease it if the asset has a positive salvage value.
Factors such as the time value of money, tax considerations, and the company's specific circumstances must be considered in deciding whether to lease or buy an asset.Option B is incorrect as Dell Computer cannot engage in direct leasing of its own computers since it is the manufacturer of the assets.Option C is partially correct. A lessor is concerned about the asset's residual value at the end of the lease term; however, the lessor may also be interested in additional charges incurred by the lessee such as maintenance costs.
Option D is correct as the lessee is primarily interested in the use of the asset during the lease term.Option E is incorrect as Dell Computer becoming a lessor of its own computers will not qualify it as a captive finance company. A captive finance company is an affiliate of a company that provides financing to customers to purchase the company's products or services.
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7. What is the purpose of the risk score and how is it calculated?
Answers
For example, if an event has a high likelihood of occurring and would have a high impact if it did occur, then the risk score would be high. Conversely, if an event has a low likelihood of occurring and would have a low impact if it did occur, then the risk score would be low.
The risk score is a useful tool for prioritizing risks and determining which risks require the most attention and resources. It can also be used to compare the relative risk of different events or situations.
Gordon asks Nina to paint his room purple for him for $150. Nina says she will try to get to it this week. Nina goes and gets purple paint and paints Gordon’s room. Do they have a contract?
Multiple Choice
No, Nina did not say she accepted the offer.
Yes, but only if Gordon likes the color of paint.
Yes, but only if Gordon likes how Nina painted the room.
No, there was no offer for Nina to accept.
Yes, Nina accepted the unilateral contract by buying the paint and painting the room.
Answers
Yes, Nina accepted the unilateral contract by buying the paint and painting the room.
A unilateral contract is a contract where one party makes an offer that the other party can accept only by actually doing something. In this case, Gordon made an offer to Nina to paint his room for $150. Nina did not explicitly accept the offer, but by going out and purchasing the purple paint and painting the room, she demonstrated her acceptance of the offer.
Gordon asks Nina to paint his room purple for him for $150. Nina says she will try to get to it this week. Nina goes and gets purple paint and paints Gordon’s room.
Therefore, they have a contract, and Nina is entitled to receive the $150 payment from Gordon for completing the painting job.
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What encourages
people to buy
shares in the
ownership of a
private limited
company?
Answers
The dividends encourage the people to buy shares in the company as they would receive a share of the profits made by business they invested in.
How much profit they'll make.
And if the company has a good potential and reputation.
COLORADO HAS A STATE INCOME TAX OF 4.63% ON ALL INCOME AND A SALES TAX OF 2.9%. ARE THESE TAXES PROPORTIONAL, PROGRESSIVE, OR REGRESSIVE
Answers
Answer:
Progressive because It is a tax in which the tax rate increases as the income increases.
Jennifer is measuring the frequency of her customers' visits and the amount they spend annually. What kind of analysis is she performing?
Jennifer is performing (blank) analysis
Answers
Recency, frequency, monetary analysis is performed by Jennifer while measuring the frequency of her customers .
RFM investigation is a showcasing strategy used to quantitatively rank and gathering clients in view of the recency, recurrence and financial complete of their new exchanges to distinguish the best clients and perform designated promoting efforts.
You need to give each individual customer a recency score, a frequency score, and a monetary score in order to build an RFM model. The crude information, which can be gathered from a client data set from past exchanges, is then ordered in a calculation sheet or data set.
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3M allows employees to spend 15% of their working time on projects that they feel passionate about. Sometimes there is more interest than roles to play on the respective project teams. If, as a manager of one of these special teams, you chose to make volunteers compete for the right to work on your team, which conflict management approach would you be using
Answers
Answer:
Stimulating conflict
Explanation:
The stimulating conflict would measures the new goals search and it would be lead to innovation. Also it would increase the members bonding.
Since in the given situation the manager would select the volunteers in order to compete for the correct work that would stimulate the group bonding because of the same interest also it would rise the volunteers efficiency
Hence, it is used stimulating conflict
AAs an individual person, you are most likely to engage in international finance through:
A. portfolio investments.
B. direct investments.
C. multilateral lending certificates.
D. sovereign lending.
E. concessional finance.
Answers
A. Portfolio investments.
As an individual person, you are most likely to engage in international finance through portfolio investments. Portfolio investments involve buying and selling securities such as stocks, bonds, or mutual funds in foreign markets.
This allows individuals to diversify their investment portfolios and potentially earn returns from international markets. Examples of portfolio investments include buying shares of foreign companies or investing in global funds.
Direct investments, on the other hand, refer to investments made by companies or individuals in foreign businesses or assets with the intention of having a significant ownership stake and exerting control over the operations. This type of investment is typically undertaken by large corporations or high-net-worth individuals rather than individual investors.
Multilateral lending certificates, sovereign lending, and concessional finance are more relevant to governments, international organizations, and financial institutions rather than individual investors. These involve providing loans or financial assistance to countries or institutions for various purposes such as development projects, infrastructure investments, or economic stabilization programs.
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