This Form of Business Ownership Does NOT Avoid Double Taxation

question 43

Multiple Choice

This form of business ownership does NOT avoid double taxation.

• A)Limited partnership
• B)"S" corporation
• C)"C" corporation
• D)Limited liability company

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Definitions:

Homogeneous Catalysts

Catalysts that exist in the same phase as the reactants in a chemical reaction, facilitating the reaction without being consumed.

Same Phase

A term referring to substances that are in the same state of matter (solid, liquid, gas) under the same conditions.

Reactants

Initial compounds in a chemical reaction that are depleted as they contribute to the formation of the products.

Exothermic Reactions

Chemical reactions that release energy by light or heat.