Both LLPs and LLCs avoid double taxation

Assignment Help Operation Management

Reference no: EM132225469

True or False

1. Charles Ponzi was famous for the acknowledgement of Ponzi scheme and how to attract new investors.

2. Ponzi schemes always being its operation with fraudulent intentions.

3. Investor competence when investing in Ponzi schemes is necessary to become an investor?

4. Both LLPs and LLCs avoid double taxation.

5. S corporations are different from regular or C (conventional) whereby they include double taxation stipulations and both carry their losses forward to offset them against future profits of the company.

Questions6~11 are multiple choice (and have answers that are correct; however, you are to choose the answer that comes first.)

6. Baby boomers were born:

A. after WW?

B. are currently between ages 72 to 54

C. become the new 30s, 40s, and 50s

D. peak years of 1952 to 1957

7.Gen Vers were affected by:

A. hurried childhood divorce and known as "latchkey kids"

B. prefer free agency to loyal corporatism

C. sometimes known or criticized as "slackers"

D. Both B and C

8.The Silent Generation were the parents:

A. of the baby boomers

B. Both A and B

C. Neither B and D

D. Time magazine coined this generation's name

9. Laissez-faire style of leadership means:

A. mainly allows groups to make their own decisions

B. reaches a group consensus can be crippling for a project

C. to leave along in French

D. also known as autocratic type of leadership

10. Democratic leadership is used:

A. used during the industrial revolution

B. affectively used for high production

C. used in today's business

D. none of the above

11. A major difference between a boss and leader today is because:

A. there's lack of quality leadership

B. workers are actively disengaged

C. both requires to be on time

D. both A and B

Reference no: EM132225469

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