Identify Which of the Following Statements Is True

question 34

Multiple Choice

Identify which of the following statements is true.

• A)Formation of a partnership requires legal documentation.
• B)An individual engaged in the active conduct of a business must elect not to be taxed as a partnership.
• C)A partnership exists as long as there are at least two individuals or entities engaged in the active conduct of a trade or business or a financial operation, and the business is not a trust or a corporation.
• D)All of the above are false.

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Definitions:

Examination Room

A room in a healthcare facility equipped for physical check-ups and medical examinations of patients.

Disinfect

The process of using chemical agents to eliminate or reduce harmful microorganisms on surfaces or objects to prevent infection.

Wheelchair

A chair mounted on wheels for the use of individuals who cannot walk or have difficulty walking.

Examination Table

A piece of medical equipment used in healthcare settings for patients to sit or lie on during a medical exam.