Generally, Which of the Following Flow-Through Entities Can Elect to Be

question 57

Multiple Choice

Generally, which of the following flow-through entities can elect to be treated as a C corporation?

• A)Limited partnership.
• B)Limited liability company.
• C)General partnership.
• D)All of these choices are correct.

---

Definitions:

Legally

pertaining to the law or in accordance with the law; often used to specify actions or conditions that are sanctioned by law.

Initiated

refers to the act of starting or setting something in motion, often used in the context of projects, programs, or legal proceedings.

Voluntary Recognition Agreement

A legal agreement where an employer acknowledges a labor union as the representative of its employees without requiring a formal vote.

Authorization Cards

Documents signed by employees to designate a union as their representative for collective bargaining purposes.