Limited liability companies
a. are often recommended for family-owned businesses.
b. should not be used for start-ups.
c. are illegal in many states.
d. can only be established by proprietors.
a
Business
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(I) Capital market securities fall into two categories: bonds and stocks. (II) Long-term bonds include government bonds and long-term notes, municipal bonds, and corporate bonds
A) (I) is true, (II) false. B) (I) is false, (II) true. C) Both are true. D) Both are false.
Business
___________________________________ equals net income for a period plus or minus the changes in shareholders' equity accounts other than from net income and transactions with owners
Fill in the blank(s) with correct word
Business