If a Company Wants to Protect Its Three Investors Against

question 89

Multiple Choice

If a company wants to protect its three investors against personal liability risk,which of the following business forms would not be a suitable option?

• A)C Corporation
• B)S Corporation
• C)Limited liability partnership
• D)Partnership
• E)Limited liability company

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Definitions:

IQ Score

A measure of a person's intelligence as indicated by an intelligence test, normalized so that the average score within an age group is 100.

Average IQ

A statistical measure that represents a person's cognitive abilities in relation to the population average, with the population average set at a score of 100.

Broad Average

A general or wide-ranging statistical measure that represents the typical value of a set of numbers or quantities.

IQ Score

An IQ score is a standardized measure of human intelligence and cognitive abilities, based on a series of tests that compare individual performance to age-group norms.