Question: Note: This question may have more than one correct answer. Select all which apply. Incorrect answers will be penalized. The Fair Labor Standards Act (FLSA):

 Note: This question may have more than one correct answer. Select

Note: This question may have more than one correct answer. Select all which apply. Incorrect answers will be penalized. The Fair Labor Standards Act (FLSA): a. applies only to employers with 15 or more employees. b. requires employers to pay employees a minimum wage. c. allows employers to exentot certain categories of workers from the overtime pay requirements. d. absolutely prohibits the employment of children under the age of 14 QUESTION 74 Note: This question moy have more than one correct answer. Select all which apply. Incorrect answers will be penalized. Which factors are required for the formation of an LLC? a. Annual reports should be filed with the secretary of State. b. It must be set up so that it can be easily dissolved. c. The name of the LLC must include the words "Imited liablity company" or some other clear indication of the limited liability feature. d. Articles must be filed with the Secretary of state. QUESTION 75 Note: This question may have more than one correct answer. Select all which apply. Incorrect answers will be penalized. A corporation must seek shareholder approval before undergoing which of the following changes? a. a routine share of assets b. an involuntary dissolution c. amendments to the articlos d. a merger with another corporation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!