Limited liability companies (LLCs) are treated as artificial persons who can sue or be sued and enter into and enforce contracts

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

Bank lines of credit must be judiciously requested because the lines often:

A) accrue interest regardless of whether funds are borrowed B) require payment of a commitment fee to establish C) have a negative impact on the firm's credit history D) appear as a liability on the firm's balance sheet

Business

Moderate users of a good or service are most likely to be enticed by a frequency program

Indicate whether the statement is true or false

Business