A Relatively New Form of Business Organization That Protects Partners

question 12

Short Answer

A relatively new form of business organization that protects partners with limited liability, allows limited partners to assume an active management role, and is taxed as a partnership is a __________.

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Definitions:

Cognitive Functioning

The capacity of the brain to process, reason, remember, and relate information.

Motor Skills

The abilities required to perform movements and tasks, involving coordination between the brain and muscles, categorized into fine and gross motor skills.

Vocabulary Spurt

Also known as a naming explosion; a period of rapid vocabulary learning that occurs from about 16 to 24 months of age.

Cooing

An infant’s repetition of sounds, such as “ahhhh,” “ohhh,” and “eeee,” that begins between 2 and 3 months of age.