Unless LLC indicates it wishes to be taxed as a corporation, the IRS automatically taxes it as a _____________.

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

Answer: partnership

Business

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Decision makers must put the decision into action by conveying it to those affected in the __________ step of the decision-making process.

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

Business

A purchaser of a lot in a rural land project can cancel the purchase contract and receive a full refund in how many days?

a. 7 days b. 14 days c. 30 days d. 60 days

Business