Which of the Following Legal Forms of an Organization Allows

question 100

Multiple Choice

Which of the following legal forms of an organization allows owners to contribute no capital but still play a part in managing the business and share in its profits?

• A) S corporation
• B) C Corporation
• C) Partnership
• D) Sole proprietorship

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Definitions:

Non-metallic Elements

Elements that do not exhibit metallic characteristics, broadly classified into metalloids, nonmetals, and noble gases, such as carbon, sulfur, and neon.

Conduct Electricity

The ability of a substance to allow the flow of electrical current or charges through it.

Conduct Heat

To conduct heat means to transfer thermal energy through a substance, due to a temperature difference, without the substance itself moving significantly.

Atoms

Fundamental particles that make up elements, characterized by a central nucleus encircled by electrons.