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Which of the Rows in the Following Table Is the Correct

question 32

Multiple Choice

Which of the rows in the following table is the correct combination of characteristics for C-Corps; S-Corps LLCs; and Partnerships?
 Characteristic  C-Corp  S-Corp LLC  Partnership  a. Limited liability for all owners  Yes  Yes  Yes  b. Owners can participate in management  No  No  No  without losing liability protection  c. Number of owners 1 or more 11001 or more  d. Easy to form and maintain without  Yes  No  No  extensive records \begin{array}{|l|l|l|l|}\hline \text { Characteristic }&\text { C-Corp } & \text { S-Corp LLC } & \text { Partnership } \\\hline \text { a. Limited liability for all owners }& \text { Yes } & \text { Yes } & \text { Yes } \\\hline \text { b. Owners can participate in management }& \text { No } & \text { No } & \text { No } \\\text { without losing liability protection }\\\hline \text { c. Number of owners }&1 \text { or more } & 1-100 & 1 \text { or more } \\\hline \text { d. Easy to form and maintain without }&\text { Yes } & \text { No } & \text { No } \\\text { extensive records }\\\hline\end{array}


Definitions:

Kidney Stones

Hard deposits formed from minerals and salts within the kidneys, which can cause pain and obstruction in the urinary tract.

Carbohydrate Diet

A dietary plan focusing on foods high in carbohydrates, including sugars and starches, often for energy or weight management.

Calcium Diet

A dietary plan that emphasizes foods high in calcium, essential for bone health and various metabolic processes.

Obesity

A medical condition characterized by excessive body fat accumulation, significantly raising the risk of health problems like heart disease, diabetes, and high blood pressure.

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