A Business Entity Operated and Taxed Like a Partnership,but with Limited

question 28

Multiple Choice

A business entity operated and taxed like a partnership,but with limited liability for the owners,is called a:

• A) limited liability company.
• B) general partnership.
• C) limited proprietorship.
• D) sole proprietorship.
• E) corporation.

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Definitions:

Motivator Factors

Elements of a job that can lead to job satisfaction and motivate employees to perform better, including recognition, responsibility, and opportunities for growth.

Herzberg's Model

A theory of motivation suggesting that certain factors cause job satisfaction while a separate set of factors cause dissatisfaction.

Extrinsic Factors

External incentives or conditions, outside of the individual's internal motivation, that influence behavior and decision-making, such as pay, awards, or external recognition.

Psychological States

The mental conditions or statuses, influenced by emotions, feelings, and thoughts, that determine an individual's disposition at any moment.