Which of the Following Would Be Primarily a Merchandising Business

question 64

Multiple Choice

Which of the following would be primarily a merchandising business?

• A) Williams Consulting
• B) Rodriguez Department Store
• C) Hester, Attorney at Law
• D) Frerotte Accounting Service

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Definitions:

Voting Rights

The entitlement of individuals to participate in the election of government officials and in the process of decision-making.

Member-Managers

Individuals in a limited liability company (LLC) who are both owners (members) and actively involved in managing the day-to-day operations.

Power To Dissociate

The legal ability of a partner or member to separate from a partnership or other business entity under specific conditions.

Limited Liability Company

A limited liability company (LLC) is a business structure allowed by state statutes that protects its owners from personal responsibility for its debts or liabilities.