Examlex

Solved

MATCHING Match Each Item with the Correct Description Below

question 12

Multiple Choice

MATCHING
Match each item with the correct description below.

-black


Definitions:

Transferability

The ability of an asset to be transferred or made over from one party to another.

Close Corporation

A privately held company characterized by a small number of shareholders with no public market for its shares.

LLPs

Limited Liability Partnerships; a type of business structure where partners have limited personal liability for the business's debts and actions.

Tax Advantages

Financial benefits that reduce tax liability, often used by individuals and businesses to minimize taxes paid and maximize financial situations.

Related Questions