It's true a limited liability company that has two or more members can be taxed as a corporation.
Option A) is true.
If you form a multiple-member LLC and do not file a special form with the IRS, the LLC will be taxed as if it were a partnership. You may elect to be treated as an S Corporation by filing IRS Form 2553, Election by a Small Business Corporation.
A multi-member limited liability company is treated as a pass-through entity for federal income tax purposes. As with a sole proprietorship GmbH, this means that the GmbH does not pay its own taxes. Instead, each member pays taxes on the company's income in proportion to their interest in the LLC.
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Answer:
Coverage D
Explanation:
Coverage D basically refers to insuring against the loss of use of your house, i.e. you cannot live in your house temporarily. Coverage D will provide for additional living expenses to the insured in order to cover lodging expenses while the insured property is being repaired and can be used again.
The correct answer is B. The word "google" has been added to the dictionary.
Explanation:
Branding implies making the name, symbol, and purpose of a company identifiable for the customers. This means, the customers known the purpose of the company, its products, and they can easily remember the name of it, which is important to make a company stood out over similar companies. Additionally, branding often implies customers associate any element of the company with positive ideas.
Branding can be seen in the case of Google company and the fact the name of the company was added to the dictionary because this shows the name of the company and products of it are identified by thousands of consumers, which shows how effective was the branding strategy of the company to define the identity of the company and convey this idea to customers.
Answer:
The correct answer is D
Explanation:
Corporate strategy is the kind of strategy which plan to select as well as develop the specific markets in which to compete when improving the divisions as well as units of the business.
This strategy involve 2 components, which are moving to new industries and diversification, which states expanding the area of the market.
So, the corporate strategy is the one which determine the boundaries of the business in 3 dimensions like geographic scope, diversification and vertical integration.
Answer:
The correct answer is letter "B": A gift inter vivos.
Explanation:
A gift inter-vivos refers to the transfer of a property from one party to another while the donor is alive. This transfer must be celebrated through a written agreement providing the beneficiary absolute ownership of the property. In such a case, the donor cannot request the property back and gives up any right over it.
The beneficiary must accept the gift for the transfer to be complete and if the property has value, the beneficiary will accept it as well.
<em>The issue between Tina and Becca relies on not having signed any document for the transfer of the diamond ring but they are involved in an inter-vivos gift.</em>
