Which One of the Following Statements Is Correct

question 8

Multiple Choice

Which one of the following statements is correct?

• A)A general partnership is legally the same as a corporation.
• B)Both sole proprietorship and partnership income is taxed as individual income.
• C)Partnerships are the most complicated type of business to form.
• D)All business organizations have bylaws.
• E)Only firms organized as sole proprietorships have limited lives.

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Definitions:

Record

A written or electronic documentation of events, transactions, or other significant information that is preserved for future reference.

Medicalization Of Deviance

The process by which non-normative or socially challenging behaviors are redefined as medical issues and managed within a medical framework.

Detoxification Center

A facility that provides supervised detox and treatment for individuals suffering from substance abuse or addiction.

Prescription

A formal instruction written by a medical practitioner that authorizes a patient to be provided a medicine or treatment.