Which of the Following Is NOT True of an Extemporaneous

question 54

Multiple Choice

Which of the following is NOT true of an extemporaneous business presentation?

• A)The presentation is planned, prepared, and rehearsed.
• B)The speaker may utilize note cards, an outline, or other reminders during the presentation.
• C)The presentation is written in detail to serve as a visual reminder during the delivery.
• D)All of the above are true.

Understand the purpose and application of the parol evidence rule in contract law.

Acknowledge the UCC's intention to cover modern items such as software and information.

Distinguish between transactions involving merchants and nonmerchants under the UCC.

Learn about the UCC's approach to contract modifications and the necessity for consideration.

---

Definitions:

Limited Liability Company

An entity where owners are not personally liable for company debts, offering flexibility in management and benefits of pass-through taxation.

Exclusive Managerial Control

A business arrangement where one party has the sole authority and responsibility for managing an organization or project.

General Partner

A member of a partnership who has unlimited liability for the debts of the business and participates in its management.

Limited Partner

An investor in a partnership whose liability is limited to the amount of their investment, with no direct involvement in the management of the business.