Which of the Following Types of Firms Generate the Most

question 35

Multiple Choice

Which of the following types of firms generate the most revenue in the United States?

• A) S corporation
• B) limited partnership
• C) C corporation
• D) limited liability company

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Definitions:

Restatement of Law

A set of treatises published by the American Law Institute meant to distill and clarify the common law of the United States.

Prohibitory

Pertaining to laws, rules, or regulations that forbid certain actions or behaviors.

Pervasive

Spreading widely throughout an area or group of people, especially of an unwelcome influence or physical effect.

Remedies

The means by which a right is enforced or the violation of a right is prevented, redressed, or compensated.