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

question 23

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.
-Must be formed under state law.

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Definitions:

Guardian Life

is a large American life insurance company, providing various insurance products and financial services.

Women-Owned Businesses

Businesses that are at least 51% owned, controlled, and operated by one or more women.

Past Decades

Refers to the previous ten-year periods, looking backward from the current date, emphasizing historical trends or changes.

Human Resources

The department within an organization that manages employee relations, recruitment, training, and compensation.