The Business Form That Offers the Limited Liability of a Corporation

question 39

Multiple Choice

The business form that offers the limited liability of a corporation and the tax status of a flow-through entity is

• A)a close corporation.
• B)a sole proprietorship.
• C)a limited liability company.
• D)a general partnership.

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Definitions:

Candidate's Skills

The specific abilities and expertise that a job applicant possesses, relevant to the job they are applying for.

Hidden Job Market

Employment opportunities that are not advertised or publicly known, often filled through networking, referrals, or internal recruitment.

Work History

A record of a person's employment background, including job positions held, durations, responsibilities, and achievements.

Stress Benefits

Highlighting the advantages or positive aspects of a product, service, or situation to persuade or inform an audience.