Custom Auto, LLC, Is a Limited Liability Company

question 40

Multiple Choice

Custom Auto, LLC, is a limited liability company. Its members include Dennis and Emma. Like other LLCs with more than one member, unless indicated otherwise, the firm will automatically be taxed as​

• A) ​a person.
• B) ​a corporation.
• C) ​a sole proprietorship.
• D) ​a partnership.

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Definitions:

Ratio Schedule

A type of reinforcement schedule in behavioral psychology where a response is reinforced only after a specified number of responses, often used in training and behavior modification.

Continuous Schedule

A reinforcement schedule in which a reward follows every correct response.

Fixed Interval Schedule

A schedule in operant conditioning where a response is rewarded after a specified amount of time has passed.

Security Needs

Basic human requirements for safety and security, including physical safety, job security, and health.