A Hybrid Business Entity with Characteristics of Both a Corporation

question 39

Multiple Choice

A hybrid business entity with characteristics of both a corporation and a partnership is called:

• A)S-Corporation.
• B)P-Corporation.
• C)LLC.
• D)CP.

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Definitions:

Hippocampus

A region of the brain involved in the formation of new memories and is also associated with learning and emotions.

Cortex

The outermost layer of the brain, involved in high-level functions such as consciousness, thought, emotion, reasoning, language, and memory.

Permanent Storage

The long-term preservation of information or data, typically in a way that it remains accessible for future reference.

Hippocampus

A critical part of the brain that plays a vital role in the creation of memories and the ability to navigate space.