Which of the Following Types of Ownership Is Limited to 100

question 60

Multiple Choice

Which of the following types of ownership is limited to 100 owners?

• A)C corporation
• B)S corporation
• C)sole proprietor
• D)limited liability company

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Definitions:

Economic Policies

Strategies and decisions implemented by a government or organization to influence its economic performance and social welfare.

Citizen Apathy

A situation where individuals in a society do not show interest or concern for the political, social, or cultural life of their community.

Massive Deficits

Significantly large shortfalls where government expenditures exceed revenue.

Surpluses

Situations in which the quantity of a product or service supplied exceeds the quantity demanded, or when revenues exceed expenditures in a budget.