An Important Fact to Consider When Determining How to Organize

question 103

Multiple Choice

An important fact to consider when determining how to organize a business is that:

• A)members of an LLC have unlimited liability and are taxed like members of a partnership.
• B)for accounting purposes,a proprietorship is a distinct entity from the proprietor.
• C)the records of a partnership can include each partner's personal assets and debts.
• D)the proprietor and the proprietorship are separate legal entities.

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Definitions:

Apical Foramen

Opening at the apex of the root of a tooth; gives passage to the nerve and blood vessels.

Cementum

Layer of modified bone covering the dentin of the root and neck of a tooth; blends with the fibers of the periodontal membrane.

Mastication

Breaking down food by chewing it as a preparatory step for swallowing and digestion.

Buccinator

A muscle of the cheek, important in the action of chewing, blowing, and sucking.