Which of the Following Forms of Organization Is Most Likely

question 51

Multiple Choice

Which of the following forms of organization is most likely to protect the personal assets of any partner or shareholder who has not been involved on an engagement resulting in litigation?

• A)Professional corporation.
• B)Limited liability partnership.
• C)Partnership.
• D)Subchapter M Incorporation.

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Definitions:

ABC Model

The ABC model is a framework in psychology that describes the relationships between antecedents, behaviors, and consequences, often used in cognitive-behavioral therapy.

Attitude Object

Any entity that is capable of being evaluated or judged, and towards which an attitude is held, ranging from physical objects and people to ideas and policies.

Behaviour

Actions or reactions of an individual or group in response to external or internal stimuli.

Instrumental Conditioning

A learning process in which the consequences of a behavior influence the likelihood of its recurrence, emphasizing rewards and punishments.