Which of the Following Is a Legal Entity Created by Permission

question 80

Multiple Choice

Which of the following is a legal entity created by permission of a provincial or federal government?

• A) corporation
• B) general partnership
• C) limited partnership
• D) sole proprietorship

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Definitions:

Locus of Control

A psychological concept referring to the extent to which individuals believe they have control over the outcomes of events in their lives.

Intellectual Incompetence

A lack of intellectual capabilities to perform tasks or understand concepts that are typically within the average person's ability.

Pessimistic Outlook

An inclination to focus on the negative side of situations or to anticipate the most adverse events, indicating a dearth of belief or expectancy in positive future developments.

Oxytocin

A hormone and neurotransmitter involved in childbirth, lactation, and bonding, often dubbed the "love hormone."