A Business Partnership That Is Owned and Managed Like a Corporation

question 205

Multiple Choice

A business partnership that is owned and managed like a corporation but taxed like a partnership is called a(n)

• A) limited partnership.
• B) master limited partnership.
• C) domestic partnership.
• D) alien partnership.
• E) limited-liability company.

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Definitions:

Sound Wave

A type of pressure wave caused by the vibration of an object, which travels through a medium (such as air) and is perceived as sound when it reaches a human ear.

Frequencies

The number of occurrences of a repeating event per unit of time, often used in the context of sound waves or electromagnetic waves.

Virtual-Reality Goggles

Wearable devices that provide immersive digital experiences by simulating environments and visual perceptions.

Mannequin

A life-sized model of the human body, often used in retail to display clothes or in art for drawing reference.