Choosing a Legal Entity for a Firm Is a One-Time

question 60

True/False

Choosing a legal entity for a firm is a one-time event. Once a form of legal entity has been chosen, it cannot be changed.

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Definitions:

Ease Down

This term might refer to a process or action of reducing intensity or slowly diminishing an activity, but without a specific context, it's hard to define precisely.

Ambulating

The act of walking or moving around, often used in medical contexts to refer to a patient's ability to walk independently.

Deep Vein Thrombosis

A medical condition where a blood clot forms in a deep vein, commonly in the legs, which can lead to serious complications if untreated.

Homans' Sign

A clinical sign for deep vein thrombosis, where pain in the calf is elicited when the foot is dorsiflexed with the knee straight.