Which of the Following Forms of Business Association May Elect

question 69

Multiple Choice

Which of the following forms of business association may elect that only the partners/members are taxed?

• A)General partnership.
• B)Limited partnership.
• C)Limited liability company.
• D)All of the above.

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Definitions:

Financial Markets

Platforms or environments where buyers and sellers trade financial securities, commodities, and other fungible items of value.

Behavioral Finance

Behavioral Finance studies how psychological influences and biases affect the financial behaviors of investors and financial practitioners.

Vanguard 500 Index Fund

The Vanguard 500 Index Fund is a mutual fund providing investors with exposure to 500 of the largest U.S. companies, mirroring the performance of the S&P 500 Index.

Arbitrage

Arbitrage refers to the practice of buying and selling an identical asset across diverse markets simultaneously to capitalize on differing prices.