For the Following Statements, Note Whether the Description Is More

question 42

Multiple Choice

For the following statements, note whether the description is more characteristic of a determinate sentence, an indeterminate sentence, or both.
-Fixed term of incarceration or supervision

• A) Determinate
• B) Indeterminate
• C) Both

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Definitions:

LLC

stands for Limited Liability Company, a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Joint Venture

A business arrangement in which two or more parties agree to pool resources for the purpose of accomplishing a specific task.

Partnership

A legal arrangement where two or more persons agree to share the profits of a business which they run together.

Malpractice

Failure of a professional to perform their duties to the required standard of care, resulting in harm to their client or patient.