Which of the Following Is a Characteristic of a Professional

question 61

Multiple Choice

Which of the following is a characteristic of a professional corporation?

• A) It is organized as a public corporation but taxed as a partnership.
• B) Its owners cannot take the tax advantages of deductions for health.
• C) Its owners are considered limited partners rather than general partners.
• D) Its owners do not enjoy limited liability for their negligence.

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Definitions:

Victims

Individuals who have suffered harm, injury, or wrongdoing at the hands of others, often in the context of crime or abuse.

Bullies

Individuals, typically in schools or workplace environments, who use their power or social standing to intimidate or harm others.

Multiple Selves

The concept that an individual possesses different facets of self-identity, which can vary according to situation and context.

Family

A social unit consisting of parents and their children, and sometimes including other relatives, bound by shared genetics, legal ties, or social commitments.