Which of the Following Is True of a Limited Liability

question 100

Multiple Choice

Which of the following is true of a limited liability company?

• A) It is taxed as a corporation and not as a partnership.
• B) It is taxed under state laws and not under federal laws.
• C) Its members cannot exercise any control over the daily management.
• D) It can have any number of members.

Understand the basic concepts and theories of motivation.

Explain the physiological mechanisms related to hunger and satiety.

Recognize the impact of physiological states on behavior.

Identify factors that influence the direction, persistence, and strength of motivation.

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Definitions:

Risk-free Rate

The estimated rate of profit for a no-risk investment, usually depicted by the earnings from government securities.

American Call

An option contract that gives the holder the right to buy a specific asset at a set price anytime before the expiration date.

Expiration Date

The predefined date after which an option or other financial contract becomes invalid and the right to exercise it ceases.