A Business Created as a Distinct Legal Entity and Treated

question 63

Multiple Choice

A business created as a distinct legal entity and treated as a legal "person" is called a:

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

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Definitions:

Fears

Emotional responses to perceived threats or dangers, varying in intensity from mild caution to extreme phobia.

Modeling

The process of observing and imitating a specific behavior from others, often used as a learning or therapeutic technique.

Mass Hysteria

A phenomenon where collective illusions of threats, real or imaginary, spread through a population leading to widespread fear or irrational behavior.