Examlex
Which is an example of a genetically modified organism that is not a transgenic organism? (Note that none of these organisms currently exist!)
C-Corporation
A C-Corporation is a business structure where the owners or shareholders are taxed separately from the entity, which is recognized as a legal entity under U.S. law.
Double Taxation
The imposition of taxes on the same income, asset, or financial transaction at two different levels, such as corporate earnings and shareholder dividends.
Proprietorship
A business owned and operated by an individual, where the owner is personally responsible for the business's debts.
Limited Liability
Limited liability is a legal structure that restricts investors' or owners' personal responsibility for a company’s debts and losses to the extent of their investment.
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