LLC stands for "Limited Liability Corporation," meaning the business owners' liability is limited. Without the idea of "limited liability," the owners of a business can be held personally responsible for the debts of their business. The idea of "limited liability" originated in Germany in the late 19th century. By the 1940s, the idea had taken hold in 17 countries, but not the United States. In 1977, Wyoming became the first U.S. state to pass an LLC law modeled after the German statute. Many other states eventually passed their own version, though most of them have variations from other states.
Why is the idea of limited liability helpful to business owners?
A. Because it can limit their personal financial risk.
B. Because it is a tradition dating back to the 19th century.
C. Because it is now legal in all 50 states.
D. Because it holds them personally responsible for their business' debts.
The new Army Service Uniform or ASU is a hybrid that combines elements of the green Class A and B uniforms and the dress blue uniform. Many of the policies governing the green uniform have been integrated with or adapted to the blue uniform, now known as the ASU. The ASU replaces the green Army Class A and B uniforms
What uniform change is happening?
A. The Army is changing its Class A uniform from green to blue.
B. The Army is changing its Class A uniform from blue to green.
C. The Army is changing its combat uniform.
D. The Army is governing the elements of its uniform policies.
A stranger meets you and shows you a wad of cash he has just "found." He says he wants to split it with you, but says that, in order to show your "good faith," you have to put up some of your own money. When you agree to give him your money, the stranger finds a reason to leave for a while. Do you see him again? Probably not – you have just been conned.
The main theme of this passage is __________.
A. don't ever speak to strangers
B. be careful of "get-rich-quick" schemes
C. how to make lots of money
D. don't believe anything a stranger says
Black Americans served in every major U.S. military conflict from the Revolutionary War onward except the 1848 Mexican War. However, they were almost always restricted to segregated, black-only units – usually with white officers – until after the Korean War. President Harry S. Truman issued an executive order in 1948 that mandated "equality of treatment... in the armed services without regard to race, color, religion or national origin." By October 1953, the Army announced that 95 percent of black soldiers were serving in integrated units.
By when was segregation of black soldiers effectively ended?
A. In 1848
B. In 1948
C. In 1953
D. During the Korean War
In the military, as in all professions, the issue of competence is directly relevant to professional integrity. Because human life, national security, and expenditures from the national treasury are so frequently at issue when the military acts, the obligation to be competent isn't merely prudential. That obligation is a moral one, and culpable incompetence here is clearly a violation of professional integrity. Part of the social aspect of professional integrity involves the joint responsibility for conduct and competence shared by all members of the profession. Only fellow professionals are capable of evaluating competence in some instances; hence, fellow professionals must accept the responsibility of upholding the standards of the profession. Fellow military members can spot derelictions of duty, failures of leadership, failures of competence, and the venalities of conduct that interfere with the goals of the military mission. Often, the obligations of professional integrity may be pitted against personal loyalties or friendships; and, where the stakes for society are so high, professional integrity should win out.
The author of the above passage would agree that __________.
A. friendship must often take a back seat to professional integrity
B. only fellow professionals should evaluate competence
C. professional competence is a direct result of effective training programs
D. all of the above
In the military, as in all professions, the issue of competence is directly relevant to professional integrity. Because human life, national security, and expenditures from the national treasury are so frequently at issue when the military acts, the obligation to be competent isn't merely prudential. That obligation is a moral one, and culpable incompetence here is clearly a violation of professional integrity. Part of the social aspect of professional integrity involves the joint responsibility for conduct and competence shared by all members of the profession. Only fellow professionals are capable of evaluating competence in some instances; hence, fellow professionals must accept the responsibility of upholding the standards of the profession. Fellow military members can spot derelictions of duty, failures of leadership, failures of competence, and the venalities of conduct that interfere with the goals of the military mission. Often, the obligations of professional integrity may be pitted against personal loyalties or friendships; and, where the stakes for society are so high, professional integrity should win out.
Professional competence is __________.
A. a moral obligation
B. directly relevant to professional integrity
C. essential because military operations impact human life, national security, and use of taxpayer funds
D. all of the above
In the military, as in all professions, the issue of competence is directly relevant to professional integrity. Because human life, national security, and expenditures from the national treasury are so frequently at issue when the military acts, the obligation to be competent isn't merely prudential. That obligation is a moral one, and culpable incompetence here is clearly a violation of professional integrity. Part of the social aspect of professional integrity involves the joint responsibility for conduct and competence shared by all members of the profession. Only fellow professionals are capable of evaluating competence in some instances; hence, fellow professionals must accept the responsibility of upholding the standards of the profession. Fellow military members can spot derelictions of duty, failures of leadership, failures of competence, and the venalities of conduct that interfere with the goals of the military mission. Often, the obligations of professional integrity may be pitted against personal loyalties or friendships; and, where the stakes for society are so high, professional integrity should win out.
One word that best describes the primary theme of the above passage would be __________.
A. proficiency
B. equality
C. evaluations D. relationships
The fierce and warlike tribe, called the Huns, who’d driven the Goths to seek new homes, came from Asia into Southeastern Europe and took possession of a large territory lying north of the River Danube. During the first half of the fifth century, the Huns had a famous king named Attila. He was only 21 years old when he became their king. But although he was young, he was very brave and ambitious, and he wanted to be a great and powerful king. As soon as his army was ready, he marched with it into countries, which belonged to Rome. He defeated the Romans in several great battles and captured many of their cities. The Roman Emperor Theodosius had to ask for terms of peace. Attila agreed that there should be peace, but soon afterwards he found out that Theodosius had formed a plot to murder him. He was so enraged at this that he again began war. He plundered and burned cities wherever he went, and at last the emperor had to give him a large sum of money and a portion of the country south of the Danube.
After terms of peace were offered, Attila resumed the war against Rome because __________.
A. he discovered the Emperor wanted to assassinate him
B. he wanted to further expand his kingdom
C. the Emperor of Rome offered too little money in the peace terms
D. Danube, his second-in-charge, advised him not to accept the peace terms
The fierce and warlike tribe, called the Huns, who’d driven the Goths to seek new homes, came from Asia into Southeastern Europe and took possession of a large territory lying north of the River Danube. During the first half of the fifth century, the Huns had a famous king named Attila. He was only 21 years old when he became their king. But although he was young, he was very brave and ambitious, and he wanted to be a great and powerful king. As soon as his army was ready, he marched with it into countries, which belonged to Rome. He defeated the Romans in several great battles and captured many of their cities. The Roman Emperor Theodosius had to ask for terms of peace. Attila agreed that there should be peace, but soon afterwards he found out that Theodosius had formed a plot to murder him. He was so enraged at this that he again began war. He plundered and burned cities wherever he went, and at last the emperor had to give him a large sum of money and a portion of the country south of the Danube.
A good title for the above paragraph would be __________.
A. The Burning of Rome
B. Emperor Theodosius
C. Attila the Hun
D. Rome for Dummies
Wales was in ancient times divided into three parts nearly equal, consideration having been paid, in this division, more to the value than to the just quantity or proportion of territory. They were Venedotia, now called North Wales; Demetia, or South Wales, which in British is called Deheubarth, that is, the southern part; and Powys, the middle or eastern district. Roderic the Great, or Rhodri Mawr, who was king over all Wales, was the cause of this division. He had three sons, Mervin, Anarawt, and Cadell, amongst whom he partitioned the whole principality.
Wales was divided into divisions because __________.
A. Natural boundaries, such as rivers and mountains made the division necessary
B. Wales was too large for the King to oversee personally
C. The King of Wales wanted his sons to rule
D. all of the above
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