All of the Following Forms of Business Organizations Provide Limited

question 91

Multiple Choice

All of the following forms of business organizations provide limited liability to all owners EXCEPT

• A) limited liability company.
• B) S-type corporation.
• C) corporation.
• D) limited partnership.

---

Definitions:

Trading Securities

Financial instruments such as stocks and bonds that are bought and sold for the purpose of generating profits on short-term fluctuations in their prices.

Held-to-Maturity Securities

Held-to-maturity securities are debt securities that an investor intends and is able to hold until their maturity date, recorded at amortized cost.

Unrealized Holding

Gains or losses on investments that have not yet been sold and so are not yet reflected in the income statement.