Which of the Following Cannot Be Taxed as a Partnership

question 10

Multiple Choice

Which of the following cannot be taxed as a partnership?

• A)An accounting PLLC
• B)An LLC with only one member
• C)An LLC owning only rental property
• D)A partnership with no limited partners

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Definitions:

Open-Ended

Describes questions, discussions, or formats that allow for unrestricted responses, fostering free expression of thoughts and opinions.

Reliable

Characterized by consistency, dependability, and accuracy, often used to describe something or someone that can be trusted to behave or perform well without failure.

Capitalist Economy

An economic system where trade, industries, and resources are primarily owned and operated by private individuals or companies for profit.

Conflict Theory

A theoretical framework suggesting that societal structures are shaped by power struggles between different social groups, often focusing on issues of inequality and conflict over resources.