________ refer to the formal documents that must be filed at the secretary of state's office of the state of organization of an LLP (limited liability partnership) to form the LLP
A) Articles of LLP
B) Agreements of conversion
C) Articles of organization of LLP
D) Articles of amendment of LLC (limited liability company)
A
Business
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The number of Japanese yen (¥) required today to buy one U.S. dollar ($) today is called:
A. the spot rate. B. the exact rate. C. the forward rate. D. the retail rate.
Business
Which of the following is a disadvantage that a firm faces when forming a strategic alliance?
a) Risks associated with the fixed costs of a business are more for an alliance than an independent firm. b) A firm can give away more than it receives when forming an alliance. c) Technological standards cannot be established for an industry when alliances exist. d) Forming an alliance would hinder the growth of complementary skills and assets.
Business