In General, the American Infrastructure Can Be Considered __________

question 74

Multiple Choice

In general, the American infrastructure can be considered __________.

• A) in excellent shape
• B) in need of extensive repair
• C) to be failing
• D) nonexistent

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Definitions:

Articles of Organization

A document filed with a state governmental entity to legally establish a limited liability company (LLC).

Member-Managed

Describes a management structure in a limited liability company (LLC) where all members (owners) actively participate in the day-to-day operations and decision-making process.

Manager-Managed

A structure typically used in limited liability companies (LLCs) where the management is officially assigned to one or more managers rather than being directed by all members.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task.