Which State Passed the First Limited Liability Company (LLC)statute in 1977

question 52

Multiple Choice

Which state passed the first limited liability company (LLC) statute in 1977?

• A)Wyoming
• B)Nevada
• C)Montana
• D)Nebraska

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Definitions:

Positively Skewed

Describes a distribution with a tail that extends to the right, indicating a majority of the data points are situated on the left side of the distribution.

Theoretical Distribution

A mathematical function that describes all the possible values and likelihoods that a random variable can take within a given range.

F-ratios

A statistical measure calculated by dividing the variance between groups by the variance within groups in the context of an ANOVA test.

F-ratio

A statistic used in ANOVA to compare the variance among group means to the variance within groups; it assesses whether the means are significantly different.