Which Are Always Indented Two Spaces to the Right Under

question 14

Multiple Choice

Which are always indented two spaces to the right under main terms?

• A) carryover lines
• B) subterms
• C) supplementary terms
• D) special notes

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Definitions:

Partnership

An official business entity operated by two or more individuals who divide management duties and profit sharing.

Business Ownership

Business Ownership refers to the legal possession of a business, which includes the right to control its operations and profit from its activities.

Sole Proprietorship

A business structure where a single individual both owns and runs the company, bearing unlimited liability for its debts.

Limited Liability Company

A corporate framework that merges the direct taxation benefit of partnerships or sole proprietorships with the corporation's advantage of limited liability.