In Which Form of Business Ownership Are the Owners Called

question 39

Multiple Choice

In which form of business ownership are the owners called "members"?

• A) general partnership
• B) limited partnership
• C) limited liability company
• D) subchapter C corporation
• E) C corporation

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Definitions:

Public Administration

The implementation of government policies and the management of public programs and services.

Public Service Motives

The intrinsic motivations that drive individuals to work in the public sector, often related to altruism and the desire to contribute to society.

Opportunities Development

The process of identifying, creating, and leveraging opportunities for growth, innovation, or improvement within an organization or individual's career path.

New Public Service

An approach in public administration that emphasizes serving citizens, civic engagement, and the public interest rather than focusing solely on managerial efficiency.