Other Objective Questions Indicate by a PRP If the Characteristic Applies to a Applies

question 18

Short Answer

Other Objective Questions
Indicate by a PRP if the characteristic applies to a sole proprietorship, an SC if it applies to an S corporation, and a PAR if it applies to a partnership, and N if it does not apply to any of the three businesses. A characteristic can apply to more than one entity; write a brief explanation if a characteristic may only apply under certain conditions.
-Owners may participate in all tax-free employee fringe benefits.

---

Definitions:

Nobel Prize

Prestigious international award given annually in several categories including physics, chemistry, medicine, literature, and peace.

Stereocontrol

The process by which the configuration of the product of a chemical reaction is controlled.

Alkene Polymerizations

A process by which small alkene molecules (monomers) join together to form long chain polymers under certain conditions.

1,4-Polymerization

A type of polymerization where monomers join together at the 1st and 4th positions, typically seen in the production of certain types of plastics and elastomers.