Which Legal Entity Is Generally Best Suited for Going Public

question 63

Multiple Choice

Which legal entity is generally best suited for going public?

• A) Corporation.
• B) LLC.
• C) Limited Liability Partnership.
• D) General Partnership.
• E) All of these entities are equally suited for going public.

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Definitions:

Thrust Faulting

A type of faulting where one rock layer is pushed up and over another due to compressional forces.

Compression

A force that acts to reduce volume or shorten a material, critical in the formation of geological structures.

Tension

A force that stretches a material, attempting to elongate it.

Shear

A strain resulting from forces causing parts of a material to slide past each other in opposite directions.