BLAW 316 FINAL CONT. 2025
QUESTIONS WITH 100% VERIED
ANSWERS!!
partners
, after a specified term outlined in the whenever the firm reaches a certain
agreement profit level
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2 of 71
Term
The sharing of both profits and losses creates a legal inference that
a partnership exists. (True or False)
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Secured Transaction Assets
True False
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3 of 71
Term
Another disadvantage is that the proprietor's ability to raise capital is
limited to personal funds and the funds of those who are willing to
make loans. (True or False)
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, True Corporation
Perfection Loyalty
Don't know?
4 of 71
Term
You run a business with 20 employees. You have heard that you
need to offer health insurance to all of your employees to comply
with the Affordable Care Act, and you are not sure how you are
going to afford it. Should you worry about this?
Give this one a try later!
No, the Affordable Care Act
does not apply to you No, the Affordable Care Act only
because you have fewer than applies to government agencies.
50 employees.
Yes, the Affordable Care Act applies Yes, the Affordable Care Act applies
to all employers regardless of size. if you have more than 10 employees.
Don't know?
5 of 71
Term
, You run a slaughterhouse in Texas that employees 200 illegal
immigrants. You have been raided by ICE a number of times in the
past, but you have changed your business entity in an attempt to
avoid repeat violations. The government determines that you have
established a "pattern or practice of violations." What could this
mean for you?
Give this one a try later!
You will be fined $5,000 per You will be fined $11,000 per
employee. employee.
You will be fined $2,200 per You may go to prison for up to
employee. 10 years.
Don't know?
6 of 71
Term
The events that may cause a member to be dissociated from the LLC
include voluntary withdrawal, expulsion by other members, court
order, incompetence, bankruptcy, and death. (True or False)
Give this one a try later!
Loyalty Minimum Wage
QUESTIONS WITH 100% VERIED
ANSWERS!!
partners
, after a specified term outlined in the whenever the firm reaches a certain
agreement profit level
Don't know?
2 of 71
Term
The sharing of both profits and losses creates a legal inference that
a partnership exists. (True or False)
Give this one a try later!
Secured Transaction Assets
True False
Don't know?
3 of 71
Term
Another disadvantage is that the proprietor's ability to raise capital is
limited to personal funds and the funds of those who are willing to
make loans. (True or False)
Give this one a try later!
, True Corporation
Perfection Loyalty
Don't know?
4 of 71
Term
You run a business with 20 employees. You have heard that you
need to offer health insurance to all of your employees to comply
with the Affordable Care Act, and you are not sure how you are
going to afford it. Should you worry about this?
Give this one a try later!
No, the Affordable Care Act
does not apply to you No, the Affordable Care Act only
because you have fewer than applies to government agencies.
50 employees.
Yes, the Affordable Care Act applies Yes, the Affordable Care Act applies
to all employers regardless of size. if you have more than 10 employees.
Don't know?
5 of 71
Term
, You run a slaughterhouse in Texas that employees 200 illegal
immigrants. You have been raided by ICE a number of times in the
past, but you have changed your business entity in an attempt to
avoid repeat violations. The government determines that you have
established a "pattern or practice of violations." What could this
mean for you?
Give this one a try later!
You will be fined $5,000 per You will be fined $11,000 per
employee. employee.
You will be fined $2,200 per You may go to prison for up to
employee. 10 years.
Don't know?
6 of 71
Term
The events that may cause a member to be dissociated from the LLC
include voluntary withdrawal, expulsion by other members, court
order, incompetence, bankruptcy, and death. (True or False)
Give this one a try later!
Loyalty Minimum Wage
