Which of these statements about management Maureen Miller @Open Business

Question 49 / 50: Which of these statements about management and control of business organizations is not correct? (Assume that any default provisions of the RCW apply.)

A A limited partnership is managed by the general partner(s), or those having a "general
partnership" role.

B A for-profit ("C") corporation is managed by its shareholders.

C A sole proprietorship is managed by the sole proprietor.

D A limited liability company is managed by its members, or by managers appointed by the members.

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Business Law MCQ Exam#3 BUS201

Author:

Maureen Miller

Open Course Library

USA

Access: Public Instant Grading

Attribution: Maureen Shellooe Miller. Open Course Library: BUS&201 Business Law. The Open Course Library. Washington State Board for Community & Technical Colleges, Jul. 2014. http://www.oercommons.org/courses/business-law-bus-201

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