Jeremy Is Considering Forms of Business Organizations, Including the Limited

question 59

Multiple Choice

Jeremy is considering forms of business organizations, including the limited liability company (LLC) , for his concessions business-Kettle Popt-Korn. Most states require that an LLC have

• A)no minimum number of participants.
• B)at least one member.
• C)at least two members.
• D)at least one non-member manager.

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Definitions:

Wearable Computers

Electronic devices designed to be worn on the body, such as smartwatches and fitness trackers, offering various functionalities.

More Expensive

Denoting a higher price point or cost in comparison to another item or service, often due to better quality, scarcity, or higher demand.

Trend

A general direction in which something is developing or changing, often identified through analysis of data over time.

Hardware

The physical components and devices that make up a computer system or other electronic system.