A(n) ____________________ Occurs When the Electrical Supply or Voltage Drops

question 48

Short Answer

A(n) ____________________ occurs when the electrical supply or voltage drops, often defined as more than five percent, below the normal volts.

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Definitions:

S Corporation

A special designation for a corporation that elects to be taxed as a pass-through entity, avoiding double taxation on the corporate income.

Franchisee

The seller of goods or services under a trade name or trademark in a franchise.

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interests and usually voting rights in the company.

Limited Liability Partnership Law

Legal provisions governing a partnership in which some or all partners have limited liabilities, protecting personal assets from the debts and liabilities of the business.