A __________ Is an Unincorporated Business Association Consisting of at Least

question 41

Multiple Choice

A __________ is an unincorporated business association consisting of at least one general partner and at least one limited partner.

• A) joint venture
• B) limited liability company
• C) limited liability partnership
• D) limited partnership

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Definitions:

Imports

The act of bringing goods or services into one country from another for commercial purposes.

Domestic Buyers

Consumers or entities within a country that purchase goods and services produced in their own country.

Tariffs

Taxes imposed by a government on imported or exported goods.

Protective Tariff

A tariff imposed by a government on imported goods to protect domestic industries from foreign competition by making imported goods more expensive.