Which of the following would be the appropriate name for a limited liability partnership?
A) Ng and Chiu Association
B) Ng and Chiu LLP
C) Ng and Chiu Company
D) Ng and Chiu Corp.
E) Ng and Chiu Ltd.
B
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Miguel is a new broker for Imperial Realty. Dissatisfied with the lack of mentoring he is received, he decides to work for millennium real estate instead, and has his license transferred. At the time of the switch, he had listed two properties. What happened to the his listings?
A. Miguel cannot keep the listings they belonged to Imperial Realty B. Miguel can keep the listings they belong to him C. The commission must be divided on a pro-rata basis between Imperial and Millennium D. The listing will stay with Imperial Realty but when the property's sell Imperial will still compensate Miguel directly
The riskiest capital market security is
A) preferred stock. B) common stock. C) corporate bonds. D) Treasury bonds.