A(n)____ Is an Unincorporated Business Association That Provides Limited Liability

question 14

Multiple Choice

A(n) ____ is an unincorporated business association that provides limited liability to all of its owners and permits all of its owners to participate in the management of the business.

• A) limited partnership
• B) limited liability company
• C) general partnership
• D) association of fiduciaries

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Definitions:

Active Voice

A grammatical voice in which the subject of the sentence performs the action expressed by the verb, often making the sentence clearer and more direct.

Direct Sentences

Direct sentences are clear and straightforward statements that express an idea or instruction without ambiguity.

Vigorous Sentences

Sentences that are constructed with energy and clarity, often using active voice and concrete language to make an impact.

Be Advised

A phrase often used to draw attention to important information, indicating that what follows should be noted carefully.