Which of the Following Species Belongs in the Lobe-Finned Class

question 109

Multiple Choice

Which of the following species belongs in the lobe-finned class of fish?

• A) Lamprey
• B) Rays
• C) Trout
• D) Ancient fish

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders. Corporations enjoy many of the rights and responsibilities that individuals possess.

Corporate Double Taxation

A tax principle where a corporation's income is taxed at both the corporate level and again as shareholder dividends at the personal level.

Personal Liability

The responsibility of an individual to bear the loss or to repay the debt from their own assets.

Operating Agreement

A document that outlines the governance and operating procedures of a limited liability company (LLC) among its members.