Which of the following is true regarding the limited liability company? a. Limited liability companies are the same thing as limited partnerships as far as regulatory rules are concerned.
b. Limited liability companies are a relatively new form of business organization.
c. Limited liability companies originated in Europe more than 500 years ago, around the same time as limited partnerships.
d. Limited liability companies originated in U. S. more than 100 years ago.
e. Limited liability companies originated in France more than 200 years ago.

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Principals are an administration career