All of the Following Business Forms Offer Limited Liability Except

question 37

Multiple Choice

All of the following business forms offer limited liability except the

• A)partnership.
• B)corporation.
• C)S corporation.
• D)limited liability company.

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Definitions:

Describe

The act of giving a detailed account or picture of something in words, including all relevant characteristics, qualities, or events.

Explain

To make something clear or easy to understand by describing or giving information about it.

Behavioral School

A perspective in psychology focusing on observable behaviors and the ways in which learning influences behavior, discounting internal mental processes.

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism, emphasizing the importance of observable behaviors over internal phenomena like thoughts and emotions.