An LLC's articles of organization most likely do not
A. State the LLC's name.
B. Include all names of future members.
C. Give the address of the registered office.
D. Indicate whether management will be by managers.
Answer: B. Include all names of future members.
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Internet Analytics is a successful search-engine company that wants to become a publicly traded company. As it is an Internet-focused company, company executives want to deliver its prospectus to investors exclusively via the Internet. Internet Analytics may:
a. not deliver its prospectus because Internet companies are not regulated by the SEC. b. deliver its prospectus to investors exclusively via the Internet because it is permitted by the SEC. c. deliver its prospectus electronically, though only Internet companies may do so. d. only use the mail to supply its prospectus to investors, as electronic distribution is not allowed.
An account is a detailed record of all increases and decreases that have occurred in an individual asset, liability, or equity during a specific period.
a. true b. false