11. Can a Limited Liability Company be taxed as a partnership/ sole proprietorship (T or F)?

12. Can a limited liability company be taxed as a corporation?

13. If a limited liability company can be taxed as a partnership are the partners still personally liable for the debts of the Limited Liability Company?

14. Are corporate shareholders liable for the debts of the corporation?

15. Does a policeman have a right to search your garbage can when you bring it to the curb without a warrant?

16. If someone was leaving the scene of a crime and the police were chasing them and they run into their house, would the police need to obtain a warrant before entering the house?

17. If you opened up a restaurant and had golden arches like McDonalds would McDonalds sue you for trademark infringement or patent infringement.

18. If you came out with a new computer operating system that used some of the source code of Microsofts windows would Microsoft assert a copyright action or patent action against you?

19. What is the difference between a utility patent and a design patent?(answer on last page of exam)

20. What are your Miranda rights?