Which of the Following Is False Regarding a Limited Liability

question 29

Multiple Choice

Which of the following is false regarding a limited liability company?

• A) A limited liability company is similar to a limited partnership insofar as the limited partner and the limited liability company member have limited liability dependent on the investment he or she makes.
• B) A limited liability company is similar to a limited partnership in regards to receiving the tax breaks that are often afforded to those in a partnership.
• C) In a limited liability company, each member gets a say in the management of the company, whereas in a limited partnership, only the general partners get to make management decisions.
• D) Limited liability companies are a relatively new form of business.
• E) The Uniform Limited Liability Company Act has been accepted by a majority of the states.

Identify predominant ions in extracellular and intracellular fluids.

Recognize the role and regulation of electrolytes in physiological processes.

Understand the impact of hormones on electrolyte balance and fluid homeostasis.

Differentiate between various fluid compartments in the body and their characteristics.

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Definitions:

Hemisphere Specialization

The concept that certain functions are more dominantly handled by one of the two hemispheres of the brain.

Corpus Callosum

A broad band of nerve fibers joining the two hemispheres of the brain.

Logical Functioning

The process of reasoning that involves the systematic and methodical analysis of propositions, statements, or concepts based on established principles and rules.

Emotional Functioning

Pertains to the capacity to experience, express, and manage emotions.