Which of the Following Is a Similarity Between a Public

question 35

Multiple Choice

Which of the following is a similarity between a public corporation and a limited liability company?

• A) Both have a limitation on the number of owners.
• B) Both allow owners control over daily management decisions.
• C) Both limit liability of owners to loss of capital contribution.
• D) Both have their profits taxed as income to corporation and again as income to owners when distributed as dividends.

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Definitions:

Life Expectancy

The typical duration someone is anticipated to live.

World Nations

Distinct geopolitical entities, typically recognized as sovereign states, that make up the world.

Kidney Disease

A broad term for conditions that impair the function of the kidneys, leading to their inability to filter waste products from the blood effectively.

Public Sanitation

Programs and practices aimed at maintaining clean and hygienic public spaces to prevent disease and promote health.