Which of the Following Business Organizational Forms Provides the Owners

question 33

Multiple Choice

Which of the following business organizational forms provides the owners with limited investor liability and passes its income before taxes through to the owners?

• A)partnership
• B)subchapter S (or S)corporation
• C)regular or (C )corporation
• D)limited liability company (LLC)
• E)both a and b
• F)both b and d

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Definitions:

Heredity

The passing of traits or characteristics from parents to offspring through genes.

Acute Grief

The intense emotional response that occurs in the immediate aftermath of a significant loss.

Erich Lindemann

A psychiatrist known for his pioneering work in grief counseling and crisis intervention, emphasizing the importance of community support systems.

Paraprofessionals

Supportive workers who assist professionals, particularly in educational, library, and medical fields, but do not have the same level of training or qualifications.