Which Type of Company Is Best Described as a Separate

question 69

Multiple Choice

Which type of company is best described as a separate legal entity?

• A) Limited liability company
• B) Proprietorship
• C) Corporation
• D) Partnership
• E) Not-for-profit

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Definitions:

Birth Rate

Birth rate is a demographic measure representing the number of live births per 1,000 people in a given year.

Military Spending

The portion of a national budget allocated for defense and security forces.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by the rise in GDP.

Measured

Evaluated or quantified using specific criteria or instruments, often used for performance or dimensional assessments.