Which of the Following Is True Regarding a Limited Liability

question 152

Multiple Choice

Which of the following is true regarding a limited liability company?

• A) makes up 10% of business organizations in the United States
• B) combines the attributes of a partnership and a corporation
• C) provides tax and liability advantages to the owners
• D) All of these choices

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Definitions:

Primary Reinforcers

Stimuli that are naturally rewarding and do not require learning to be effective, such as food and water.

Ethical

Pertaining to morals, principles of right and wrong, and the conduct that is considered acceptable by a society or profession.

Secondary Reinforcers

Stimuli that have no inherent value but have been associated with primary reinforcers, thus acquiring the ability to reinforce behavior.

Gold Star

Often used to denote excellence or high achievement, originally in educational settings to reward good work but also used metaphorically in various contexts.