Examlex
Which of the following is NOT a reason for discouraging the practice of accepting friends as clients or of becoming socially involved with clients?
Breaching
The act of violating a law, duty, other form of agreement, or trust.
Taxed As A Corporation
Refers to a taxation status where a business entity is treated as a corporation for tax purposes, subjecting it to corporate income tax rates and regulations.
Limited Liability Company
An enterprise organization that fuses the limited liability benefit of corporations with the pass-through taxation system characteristic of sole proprietorships or partnerships.
Engages In Fraud
The act of deliberately deceiving another individual or entity to gain an unfair or unlawful advantage.
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