Which of the Following Forms of Organization Would NOT Be

question 15

Multiple Choice

Which of the following forms of organization would NOT be allowed under Rule 505 of the Professional Code of Conduct?

• A) Limited liability partnership; all partners are CPAs
• B) Limited liability partnership; 70% of partners are CPAs
• C) Limited liability corporation; all shareholders are CPAs
• D) Partnership; 40% of partners are CPAs

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Definitions:

Middle Term

In a categorical syllogism, the term that appears in both premises and links together the major and minor terms.

Syllogism

A form of logical argument that applies deductive reasoning to arrive at a conclusion based on two or more propositions that are asserted or assumed to be true.

Family-Oriented Television Shows

TV programs designed to be suitable and entertaining for all ages, often emphasizing themes of family values and relationships.

Minor Premise

In a syllogism, the statement that provides a specific instance of the general statement made in the major premise leading to a conclusion.