Which of the following statements is correct about the requirements of an llp?

multiple choice
a. the business name must include the phrase limited liability partnership or an abbreviation of the phrase, the parties must execute a partnership agreement, and the parties must file a form with the secretary of the state.
b. the business name must include the phrase limited liability partnership or an abbreviation of the phrase, and the parties must file a form with the secretary of the state.
c. the parties must execute a partnership agreement identifying itself with the phrase limited liability partnership or an abbreviation of the phrase, and the parties must file a form with the secretary of the state.
d. the business name must include the phrase limited liability partnership or an abbreviation of the phrase, and the parties must execute a partnership agreement. the parties only need to file a form with the secretary of the state.

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.

Which investment has the liquidity and can be converted into cash easily?