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Question
Succession plans deal with the people who will take over, what roles they will fill, and what supports they will receive.Answer
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A(n) _____ refers to a contract among LLC members outlining how the LLC will conduct itself.
A. operating agreement
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Which of the following is true of a limited liability company (LLC)?
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Which of the following is true regarding a small-claims court?
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By agreeing to an exculpatory clause in a contract, one party is agreeing not to hold the other responsible for his or her actions.
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Describe the advantages and disadvantages of a sole proprietorship.
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Which of the following statements is true regarding a trademark?
A. A trademark can sometimes also function as a service mark.
B. A trademark once granted lasts for 25 years.
C. A trademark can only be renewed every 5 years.
D. A trademark is not an exclusive right to its creator.
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A _____ is a type of intellectual property, not created by the government but is information known to certain people in a company that makes that company more competitive.A. copyrightB. trade secretC. patentD. trademark
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_____ repay employers for losses caused by dishonest or negligent employees.
A. Credit insurance
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Which of the following statements is true regarding the OSHA Act?
A. It covers employees in mining, transportation, and state and local governments.
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