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.

In a chapter 7 bankruptcy, a debtor:

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.