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:

Class Clown

A person, typically in an educational setting, known for making others laugh, often through disruptive behavior or humor.

Smart Kids

Children exhibiting higher than average intelligence or cognitive abilities.

Self-Concept

An individual's perception of their own identity and personal attributes, including beliefs, feelings, and thoughts about oneself.

Social Environment

The immediate physical and social setting in which people live or in which something happens or develops.