A(n) ________ Is a State-Chartered Legal Entity with Authority to Act

question 60

Multiple Choice

A(n) ________ is a state-chartered legal entity with authority to act and to have liability separate from its owners.

• A) limited partnership
• B) conventional corporation
• C) unlimited partnership
• D) nonprofit organization

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Definitions:

Products

In a chemical reaction, substances that are formed as a result of the reaction.

Primary Mycelium

A mycelium in which the cells are monokaryotic and haploid; a mycelium that grows from either an ascospore or a basidiospore. Compare with secondary mycelium.

Basidiomycetes

A class of fungi characterized by producing spores on club-shaped structures called basidia, including mushrooms, toadstools, and puffballs.

Dikaryotic

Describing a fungal cell or mycelium with two genetically distinct nuclei per cell, typically found in the life cycle of fungi.