An LLP Is Best Suited for What Type of Business

question 74

Multiple Choice

An LLP is best suited for what type of business?

• A)a business with more than two partners
• B)a sole owner who wants to guard against liability
• C)a professional practice, such as a legal or accounting group
• D)a company with less than 10 employees

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Definitions:

Desensitization

This refers to the process by which individuals become less sensitive or react less intensely to repeated stimuli or emotional triggers.

Priming Aggressive Thoughts

A process by which exposure to certain stimuli can increase the likelihood of aggressive responses in individuals.

Mere Exposure Effect

The Mere Exposure Effect is a psychological phenomenon by which people tend to develop a preference for things merely because they are familiar with them.

Alphabetical Order

A system of sorting according to the sequence of letters in the alphabet.