As the Luxembourg Income Study (LIS)revealed, What Country Has the Highest

question 37

Multiple Choice

As the Luxembourg Income Study (LIS) revealed, what country has the highest rates of poverty?

• A)Australia
• B)Spain
• C)U)S.
• D)Ireland
• E)Belgium

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Definitions:

Dissolution

A change in the relation of partners caused by any partner ceasing to be associated in the carrying on of the business.

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Intellectual Property

A category of property that includes intangible creations of the human intellect, such as inventions, literary and artistic works, designs, and symbols, names and images used in commerce.

Parent Entity

A company that owns more than half of another company, making the latter a subsidiary.