Which of the Following Entity Characteristics Are Generally Key Drivers

question 44

Multiple Choice

Which of the following entity characteristics are generally key drivers for small business owners in deciding which entity to choose?

• A) Double taxation.
• B) Required accounting period.
• C) Liability protection.
• D) Double taxation and required accounting period.
• E) Double taxation and liability protection.

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Definitions:

Zygote

The initial cell formed when a sperm cell unites with an egg cell, representing the first stage in the development of a new organism.

Blastopore

The initial opening formed during early embryonic development that can develop into either the mouth or anus in animals.

Archenteron

The central cavity of the gastrula stage of embryonic development that is lined with endoderm; primitive digestive system.

Endoderm Layer

The innermost layer of cells or tissues in an embryo that gives rise to the lining of the gastrointestinal tract and associated organs.