An Important Factor to Consider When Determining How to Organize

question 23

Multiple Choice

An important factor to consider when determining how to organize a business is that:

• A)members of an LLC have unlimited liability and are taxed like members of a partnership.
• B)for accounting purposes,a proprietorship is a distinct entity,separate from the proprietor.
• C)partnerships are subject to double taxation.
• D)a corporation is not legally distinct from its owners.

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Definitions:

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The body of written works produced in the English language, encompassing a vast range of genres and historical periods.

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An approach in sociology and social psychology that views social interactions as akin to performances in a play, where individuals present themselves in ways that will be accepted by others.

New Dress Code

Updated standards and guidelines set by an organization for what is considered appropriate workplace attire.