Nell Is Considering Forms of Business Organization for Optic Center

question 9

Multiple Choice

Nell is considering forms of business organization for Optic Center, a medical eye clinic. An advantage of a limited liability partnership is that, depending on the applicable state statute, partners can avoid personal liability for

• A)their own wrongful acts.
• B)any partnership obligation.
• C)their own and other partners' wrongful acts.
• D)none of the choices.

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Definitions:

Earth Friendly

Describes practices, products, or technologies that are not harmful to the environment and often contribute to sustainability.

Self-grounding

A technique used to prevent electrostatic discharge (ESD) by touching a grounded object before handling sensitive electronic components.

Shock

A sudden and intense disturbance or impact, which can be physical, electrical, or emotional in nature.

Surge Strip

A device designed to protect electronic equipment from voltage spikes by blocking or shorting to ground any unwanted voltages above a safe threshold.