If Cara, Aubrey, and Liam Want to Limit Liability for Their

question 68

Multiple Choice

If Cara, Aubrey, and Liam want to limit liability for their business debts and want to avoid double taxation, which type of business ownership would you recommend?

• A) regular corporation
• B) general partnership
• C) sole proprietorship
• D) LLP

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Definitions:

Distribution Centers

Facilities that handle the storage, processing, and shipping of goods to various destinations, serving as a key node in the supply chain.

Positive Reinforcement

A technique in behavior modification that involves the addition of a reinforcing stimulus following a desired behavior, encouraging its recurrence.

Time-out

A behavioral intervention technique where an individual is temporarily removed from a reinforcing environment to decrease unwanted behaviors.

Appropriate Behavior

Behavior considered suitable or proper in a given context according to societal or specified standards.