In Which Form of Business Ownership Are the Owners Called

question 39

Multiple Choice

In which form of business ownership are the owners called "members"?

• A) general partnership
• B) limited partnership
• C) limited liability company
• D) subchapter C corporation
• E) C corporation

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Definitions:

Nonverbal Cues

Body language and other physical behaviors used to convey messages or emotions without the use of words.

Nuclear Family

A family unit consisting of two parents and their children living together as a single household.

Adopted Children

Children who have been legally taken into a family different from their birth family, to be raised as a member of the adoptive family.

Skip Generation Family

A family structure where grandparents are the primary caregivers of grandchildren, with the parents being absent or only minimally involved.