An operating agreement is a document that states the terms for converting an existing business to a Limited liability company (LLC)

Indicate whether the statement is true or false

FALSE

Business

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As a result of trading and fee assignment abuses by the mutual fund industry, the SEC established new rules regarding fund governance and conflicts of interest in 2004 and 2005.

a. true b. false

Business

The volume of production is higher for assembly than job shop processing.

a. true b. false

Business