Which of the Following Legal Forms of Organization Is Characterized

question 148

Multiple Choice

Which of the following legal forms of organization is characterized by limited liability?

• A) professional partnership
• B) partnership
• C) corporation
• D) sole proprietorship

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Definitions:

Steps

Sequential actions or a series of activities designed to achieve a particular goal or overcome an obstacle.

Professional Role

A professional role refers to the responsibilities and duties expected from an individual within their occupation or field of expertise.

Employing Agency

The organization or entity that hires social workers to provide services to clients, which may include governmental, non-profit, or private sectors.

Professional Behavior

The conduct or manner that is appropriate and expected in a professional setting, guided by ethics and standards.