Leslie, Kelly, and Blair wanted to form a business. Which of the following business entities does not require the filing of organization documents with the state?
A. Limited partnership.
B. Joint venture.
C. Limited liability company.
D. Subchapter S corporation.
Answer: B. Joint venture.
Business
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Value may be increased by simultaneously increasing cost and decreasing functionality
Indicate whether the statement is true or false.
Business
The organization's corporate mission statement
A) should have a different mission statement for each subsidiary division. B) should be less formally stated to allow for growth. C) should set the organization apart from its competitors. D) should state what the organization would like to become. E) should describe the organization's SWOT.
Business