1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlad [161]
3 years ago
11

Principals that manage an llc owe its members __________.

Business
1 answer:
Whitepunk [10]3 years ago
5 0

Answer:

Principals that manage an llc owe its members the duty of care.

Explanation:

The duty of care is a legal responsability that the manager has to be careful when performing any action that can cause damage to the members of an LLC. When the manager is not reasonably careful and cause any harm, it be considered negligence and this can have serious legal implications.

You might be interested in
Which of these contains data that identifies a product?
zmey [24]

Answer:

A. UPC

Explanation:

A UPC is an acronym for universal product code. UPC is typically used for the identification of a specific product and its manufacturer (vendor) through a unique code that is printed on the product.

Basically, a universal product code (UPC) comprises of two (2) main parts;

  • A machine-readable barcode that contains sets of vertical black lines.
  • A unique twelve (12) digit number placed beneath or adjacent to the machine-readable barcode.

The first six-digits of the UPC represents the manufacturer and is printed on all of its products while the next five-digits is the product's unique reference number (item number) and the last digit is typically known as a check digit, used for the verification of the authenticity of a UPC.

Generally, the universal product code are usually scanned with a barcode scanner and this makes it easier to identify a product, as well as its price.

<em>Hence, a universal product code (UPC) contains data that identifies a product. </em>

6 0
3 years ago
Marissa gives Larry a check in payment for a computer that she is buying from him. She writes the check to Cash. Larry then give
Lena [83]

Answer: personal

Explanation:

Based on the information given with regards to the question, this is a personal defense. A personal defense occurs when there's a breach of contract whereby there was issuing of the negotiable instrument.

In this case, Marissa writes the check to Cash but Larry then gives the check to Gary Graduate his nephew, without indorsing it, as a graduation gift

8 0
2 years ago
The direct write-off method: multiple choice follows the expense recognition (matching) principle. Is not permitted under GAAP.
Lera25 [3.4K]

Answer: is permitted if results are similar to the allowance method

Explanation:

The direct write-off method is refered to as an accounting method whereby the uncollectible accounts receivable are being written off as bad debt. Here, the bad debts expense account will be debited while the accounts receivable will be credited.

The direct write-off method is permitted if results are similar to the allowance method. For the allowance method, it should be noted that an estimation of the bad debt future amount will be charged to the reserve account once the sale takes place.

4 0
2 years ago
Explain the following factors that influence the choice of funding: risk
konstantin123 [22]

Risk is the major factor to consider when deciding the funding, when funds are provided it is a risk that whether the funds will be received or not.

<h3>What is Risk?</h3>

Risk is the threat of being unable to receive the funds back, this is the highest level of risk, there are many small risks too, but the highest level is losing the money.

There could be a small portion of loss of money or sometimes the debtor completely defaults so not a single penny is retrieved.

Funding is a choice and the debtor should be chose according to the risk appetite of the investor or lender on money.

There are investors who are risk averse are not willing to take the risk and fine with the less amount of returns and there are risk takers, who want high returns in return of high risk of defaulting.

Learn more about Risk at brainly.com/question/27331968#SPJ1

6 0
1 year ago
The upward-sloping segment of the
Airida [17]

Answer:

increases in the price level that raise profits, inducing firms to produce more

Explanation:

increases in the price level that raise profits, inducing firms to produce more

4 0
3 years ago
Other questions:
  • Jamie is looking for a new job. she used to be the top sales representative for the region and was expecting to be promoted. how
    11·1 answer
  • When a bankrupt company's only listed address and phone number is a post office box and an answering service, we may see this as
    8·1 answer
  • What is demand? (Select the best answer.) The amount of something available to consumers The amount of something consumers want
    6·2 answers
  • Consumers use and process different aspects of advertising or messages. __________ yields greater attention and deeper processin
    14·1 answer
  • Which one of the following is a source of cash?A. decrease in inventoryB. increase in accounts receivableC. decrease in accounts
    7·2 answers
  • It costs Fortune Company $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A for
    14·2 answers
  • A feedback technique in which an employee is appraised by her boss, peers, subordinates, and possibly clients is called a ______
    8·1 answer
  • Dana has standard consumer preferences over two goods: hours spent watching football (W) and hours spent playing football (P). H
    7·1 answer
  • A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate wheth
    6·1 answer
  • Tirri Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$ 7.05 Direct labor$ 4.20
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!