Coco Is Considering Forms of Business Organization for Her Concessions

question 17

Multiple Choice

Coco is considering forms of business organization for her concessions business-Coco's Cupcakes.Most states require that a limited liability company have at least

• A)no minimum number of members.
• B)at least one member.
• C)at least two members.
• D)at least three members,including at least one general partner.

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Definitions:

Labor Relations Strategy

A plan devised by organizations to manage interactions with employees and their representatives in a way that advances the company's objectives.

Collective Bargaining

Collective bargaining is the process of negotiation between employers and a group of employees aimed at reaching agreements to regulate working conditions, wages, and other aspects of workers' compensation and rights.

Labor Unions

Organizations formed by workers in various sectors to protect and advance their rights, wages, and working conditions through collective bargaining.