In a limited-liability company (LLC), the members are personally liable for the debts of the business
Indicate whether the statement is true or false
FALSE
Business
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Cross has an unperfected security interest in the inventory of Safe, Inc. The unperfected security interest
A. Is superior to the interest of subsequent lenders who obtain a perfected security interest in the property. B. Is subordinate to lien creditors of Safe whose lien interest arose prior to any subsequent perfection by Cross. C. Causes Cross to lose important rights against Safe as an entity. D. May only be perfected by Cross filing a financing statement.
Business
A regiocentric manager views the world outside his area of interest with an ethnocentric orientation
Indicate whether the statement is true or false
Business