A Code in Which the Number of Records for Each

question 7

Multiple Choice

A code in which the number of records for each respondent is the same,and the same data appear in the same columns for all respondents is called a ________.

• A) variable field code
• B) fixed field code
• C) random code
• D) virtual code
• E) uniform code

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Definitions:

Member-Managed

This term describes a form of management structure for a limited liability company (LLC) where all members participate in the decision-making processes.

Limited Partnership

A partnership consisting of at least one general partner, who manages the business and is personally liable for debts, and one or more limited partners, who invest capital but have limited liability and are not involved in day-to-day management.

General Partners

Individuals in a partnership who are responsible for the management of the business and are personally liable for its debts.

Limited Liability

Limited Liability is a legal principle that limits the financial liability of shareholders, owners, or members of a company to the amount they have invested in it.