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NEW QUESTION: 1
Heather, Erika, and Shelby are members in HES LLC. Heather works 40 hours per week and Erika and
Shelby work 20 hours per week. Heather contributed $30,000 to the LLC and Erika and Shelby
contributed $60,000 each. Erika and Shelby have each originated 45% of the LLC's business and Heather
has originated the other 10%. Absent an agreement to the contrary, how will the LLC's $120,000 profits
be divided among the members?

A. Option B
B. Option A
C. Option C
D. Option D
Answer: D
Explanation:
Rule: Absent an agreement to the contrary, the LLC's profits will be divided among the members in
proportion to their contributions. Here, Heather's, Erika's and Shelby's contributions were $30,000,
$ 60,000, and $60,000, respectively. Thus, the profits will be divided in a 1:2:2 ratio (20% of $120,000 to
Heather; 40% of $120,000 to Erika; and $120,000 to Shelby).
Choice "d" is correct.
Heather Erika Shelby
D. $24,000 $48,000 $48,000
Choices "a", "b", and "c" are incorrect, per the above rule.

NEW QUESTION: 2
What does SQL script provide to extend standard SQL? 2 correctas
A. Integrated source code version management
B. Additional data types for the definition of text and spatial data
C. Feature to encourage processing in the database
D. Support for ABAP Syntax
Answer: B,C

NEW QUESTION: 3
A user has a laptop configured with multiple operating system installations. The operating systems are all installed on a single SSD, but each has its own partition and logical volume.
Which of the following is the BEST way to ensure confidentiality of individual operating system data?
A. FDE of the entire SSD as a single disk
B. Encryption of the SSD at the file level
C. FDE of each logical volume on the SSD
D. Encryption of each individual partition
Answer: D
Explanation:
In this question, we have multiple operating system installations on a single disk. Some operating systems store their boot loader in the MBR of the disk. However, some operating systems install their boot loader outside the MBR especially when multiple operating systems are installed. We need to encrypt as much data as possible but we cannot encrypt the boot loaders. This would prevent the operating systems from loading. Therefore, the solution is to encrypt each individual partition separately.

NEW QUESTION: 4
Needy Investment Advisers, LLC needs a loan. One of its wealthier clients has offered to lend the firm the
money at the prime rate of interest. A promissory note is drawn up stipulating the terms of the loan. Based
on these facts,
A. Needy is in violation of securities laws by acting as an issuer of securities.
B. Needy will be in violation of securities laws unless a waiver of compliance form is signed by the client
and submitted to the administrator.
C. Needy is in violation of securities laws only if the face value of the note is for $50,000 or more.
D. Needy is not in danger of violating any securities laws since the loan was unsolicited and has been
properly executed via a promissory note.
Answer: A
Explanation:
In accepting a loan from a wealthy client, Needy is in violation of securities laws by acting as
an issuer of securities. Under NASAA Model Rules, investment advisers may not borrow money from
clients unless the client is in the business of lending money, as would be the case if the client were a
financial institution. It doesn't matter if the client is in agreement with the loan; waiver of compliance
agreements are prohibited by both the NASAA Model Rules and the Investment Advisers Act of 1940. Nor
does it matter that the loan was unsolicited and formalized with a promissory note.