Match the Term with Its Definition

question 95

Multiple Choice

Match the term with its definition.
-A type of corporation that offers limited liability to its owners and passes taxable income or losses on to the stockholders

• A)advisory board
• B)B corporation
• C)C corporation
• D)corporate charter
• E)joint and several liability
• F)partnership
• G)professional corporation
• H)S corporation (Subchapter S corporation)
• I)unlimited liability

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Definitions:

Mentor Or Sponsor

A relationship in which an experienced individual (mentor or sponsor) provides guidance, advice, and support to a less experienced person to help them progress in their career or personal development.

Developmental Groups

Groups focused on the growth and development of their members, often through shared learning experiences, skill-building activities, or supportive interactions.

Psychological Groups

Collections of individuals who share emotional connections, common purposes, or identify as members of the same group.

Cohesive Groups

Groups characterized by strong interpersonal bonds among members, leading to high levels of cooperation and team effectiveness.