A(n)___________ Is a Business Organization That Is Treated Like a Corporation

question 120

Multiple Choice

A(n) ___________ is a business organization that is treated like a corporation for liability purposes but like a partnership for federal tax purposes.

• A)limited liability company
• B)limited liability corporation
• C)restricted liability company
• D)no liability company
• E)nonprofit company

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Definitions:

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm, making them genetically distinct, similar to regular siblings.

Identical Twins

Twins who develop from a single fertilized egg that splits and forms two embryos, sharing 100% of their DNA.

Heritability

A measure of how much of the variation in a trait among individuals within a population is due to genetic differences.

Heritability Estimates

Statistical measures that indicate how much of the variation in a trait within a population can be attributed to genetic differences.