A. Option C
B. Option D
C. Option A
D. Option B
Answer: A
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NEW QUESTION: 1
In which type of business entity is the entire ownership interest most freely transferable?
A. General partnership.
B. Limited partnership.
C. Limited liability company.
D. Corporation.
Answer: D
Explanation:
Choice "c" is correct. Among the business entities listed, entire ownership interests are most freely
transferable in a corporation. Unless transferability is restricted by contract (restricted shares or voting
trusts or voting agreements), there are no restrictions on the sale of corporate stock (the common stock
represents the stockholders' ownership interest). The right to transfer ownership interests freely is one of
the advantages of the corporate form of business. Choice "a" is incorrect. A general partner in a general
partnership may assign his or her right to receive profits or surplus. A general partner cannot assign his
interest and confer partnership status on the assignee without unanimous consent of all other partners.
Choice "b" is incorrect. Both general partners and limited partners in a limited partnership may assign the
right to receive profits and surplus. Neither general nor limited partners can confer general or limited
partnership status on the assignee without the unanimous consent of all general and all limited partners.
Choice "d" is incorrect. In most states, limited liability company (LLC) members may not sell and confer
ownership interest without the consent of all LLC members.
NEW QUESTION: 2
What are OSPF's default hello and dead timers? (Choose two)
A. The hello timer is 60 seconds.
B. The hello timer is 10 seconds.
C. The hello timer is 20 seconds.
D. The dead timer is 40 seconds.
E. The dead timer is 120 seconds.
Answer: B,D
NEW QUESTION: 3
A. Option C
B. Option D
C. Option A
D. Option B
Answer: A