Is a Business Entity in Which the Shareholders Are Members

question 17

Multiple Choice

is a business entity in which the shareholders are members of the same profession, purchase the corporation's stock, own the firm, share in the profits and losses of the firm in proportion to the number of shares they own, and have limited personal liability.

• A)Sole proprietorship
• B)Partnership
• C)Professional corporation
• D)Business corporation

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Definitions:

Primary Sex Characteristics

The physical features directly involved in human reproduction, including genitals and reproductive organs.

Secondary Sex Characteristics

Characteristics that emerge during puberty but are not directly involved in reproduction, such as breast development in females and facial hair growth in males.

Sexual Orientation

An inherent or immutable enduring emotional, romantic or sexual attraction to other people.

Gender Typing

The process by which a child becomes aware of their gender and thus behaves accordingly by adopting values and attributes of members of the sex that they identify with.