Which of the Following Forms of Business Offers Limited Personal

question 12

Multiple Choice

Which of the following forms of business offers limited personal liability but the company's income can be taxed like a partnership?

• A) Limited liability partnership
• B) Limited liability company
• C) Corporation
• D) Sole proprietorship
• E) Partnership

---

Definitions:

Marketing Context

The situational conditions and factors affecting the marketplace and strategies within it, including social, economic, and cultural aspects.

Communications Process

The sequence of steps through which information is exchanged or conveyed from a sender to a receiver, involving encoding, transmission, and decoding of messages.

Communication Process

The transfer of information from a sender to a receiver through a medium, involving encoding, message transmission, reception, and decoding.

Glamour Magazine

A popular women's magazine that focuses on fashion, beauty, health, and entertainment.