Robert Fischer Is One of the Owners of a Firm

question 80

Multiple Choice

Robert Fischer is one of the owners of a firm which generated $18,000 in taxable income last year. Robert did not have to pay any personal tax on his share of the firm's income. Robert must be a partial owner of a:

• A) Sole proprietorship.
• B) General partnership.
• C) Limited partnership.
• D) Non-dividend paying corporation.
• E) Limited liability company.

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