A Hybrid Business Entity with Characteristics of Both a Corporation

question 39

Multiple Choice

A hybrid business entity with characteristics of both a corporation and a partnership is called:

• A)S-Corporation.
• B)P-Corporation.
• C)LLC.
• D)CP.

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Definitions:

System of Linear Equations

A collection of one or more linear equations involving the same sets of variables, where the solution is the set of values that satisfy all equations simultaneously.

Matrix

A rectangular array of numbers, symbols, or expressions, arranged in rows and columns, that is used in mathematical and computational contexts.

Mixture

A combination of two or more substances where each substance retains its chemical properties.

Peanuts

Edible seeds enclosed in a hard shell, often regarded as a snack or food ingredient.