Match the Term with Its Definition

question 89

Multiple Choice

Match the term with its definition.
-A form of corporation that shields owners from one another's liability and is set up for individuals in certain professional practices

• 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:

Span Of Time

The duration or extent between two points in time.

Poisson Random Variable

A type of random variable that represents the number of events occurring in a fixed interval of time or space, under the condition that these events happen with a known constant mean rate and independently of the time since the last event.

Probability Distribution

A probability distribution is a statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

Occurrences

Occurrences refer to the instances or events of something happening or being present in a particular context or dataset.