Most LLC statutes provide that voting rights are apportioned based on each members' ___________________.

Fill in the blank(s) with the appropriate word(s).

Ans: capital contributions

Business

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The principle of caveat emptor imposes on buyers the responsibility to inspect carefully and skeptically items they purchase.

a. true b. false

Business

If demand is highly responsive to a change in price, we say the demand is ________

A) variable B) inelastic C) value-based D) elastic E) fixed

Business