Winding up is the process of collecting, liquidating, and distributing the partnership assets. O True O False The owner of an LLC is called O a. an agent. O b. a member. O c. an entrepreneur. O d. a principal. Starting a sole proprietorship is easier and less costly than starting any other kind of business. O True O False Neva is a partner in Orchard Farm. Neva gives notice to quit the firm, which otherwise continues to do business. This is O a. illegal. O b. dissociation. O c. dissolution. O d. unethical. Rena establishes and operates Sweet Homes, a construction-contracting outfit, as a sole proprietorship. In the course of doing business, the outfit fails to pay some of its debts. To satisfy the obligations, the firm's creditors can go after O a. the owner's personal assets only. O b. the firm's assets only. O c. None of the choices-the creditors must bear the losses. O d. the firm's assets and the owner's personal assets. Dissolution of a partnership can be brought about by O a. judicial decree. O b. the acts of the partners. O c. operation of law O d. All of these choices.A written agreement that sets forth each partner's rights and obligations with respect to the partnership is called O a. the articles of partnership. O b. information return. O c. the articles of organization. O d. a pass-through entity. A hybrid form of business enterprise that offers the limited liability of the corporation and the tax advantages of a partnership is O a. a sole proprietorship. O b. a corporation. O c. a limited liability company. O d. a partnership. A business entity that has no tax liability because the entity's income is passed through to the owners, who pay taxes on it is O a. an entrepreneur. O b. a sole proprietorship. O c. a pass-through entity. O d. an independent contractor. Under the Age Discrimination in Employment Act, the plaintiff must show that the unlawful discrimination was only one of the reasons for an adverse employment action. O True O False Title VII of the Civil Rights Act applies to employers and labor unions with at least O a. one employee or member. O b. five employees or members. O c. ten employees or members. O d. fifteen employees or members. The purpose of state workers' compensation laws is to establish an administrative process for compensating workers for O a. injuries that arise in the course of employment, regardless of fault. O b. periods of unemployment, subject to eligibility requirements. O c. all of the choices. O d. retirement, disability, death, and hospitalization insurance.The employees of Beverage Bottling Company designate Cola Cappers Union as their bargaining representative. Beverage refuses to bargain with the union. This most likely violates O a. the Labor-Management Relations Act. O b. the National Labor Relations Act. O c. the Fair Labor Standards Act. O d. The Taft-Hartley Act. Steel Mill Inc., employs five hundred workers. For the Occupational Safety and Health Administration, Steel must do all of the following except O a. report any work-related injuries. O b. keep occupational injury and illness records for each employee. O c. report any work-related diseases. O d. pay employees higher wages for working in more dangerous areas. Private employers are generally free to hire and fire workers at will. O True O False Ivy is blind. Jerold has cancer. Kim has cerebral palsy. Considered to have a disability under the Americans with Disabilities Act is O a. none of the choices. O b. only Ivy. O c. only Ivy and Kim. O d. Ivy, Jerold, and Kim. In states that require a minimum wage that is higher than the specified federal minimum wage, employees are entitled only to the lower federal amount. O True O False Most of the states and the federal government have enacted statutes to protect employees who report wrongdoing from employer retaliation. O True O FalseFlower Workers Union represents the employees of Garden Variety Inc. The company requires its new hires to join the union as a prerequisite to obtaining employment. This most likely violates O a. Taft-Hartley Act. O b. the Norris-LaGuardia Act. O c. the Labor-Management Relations Act. O d. the Fair Labor Standards Act. For an employer to be held liable for a supervisor's sexual harassment, the supervisor normally must have taken against the employee. O a. teasing and joking O b. hostile actions O c. legal action O d. tangible employment action Gil and Hera are employees of IT Solutions Inc. Under the Equal Pay Act, IT Solutions can legitimately pay different wages to male and female employees on the basis of O a. similar work at the same facility. O b. merit. O c. gender. O d. marital status. Compliance with Title VII of the Civil Rights Act is monitored by O a. businesses affected by interstate commerce. O b. protected classes. O c. the Equal Employment Opportunity Commission. O d. state and local governing agencies. Bob works for ABC Corporation and is a practicing Muslim. He tells his employer that he must have off every Saturday for religious reasons. Saturday is their busiest day. In order for ABC to be able to terminate Bob, they must O a. prove that an attempt to accommodate here would be unreasonable O b. prove that Bob has never gone to church O c. prove that ABC Corporation is not a religious organization O d. prove that Bob's social media posts are not about religion