Match Each Statement with the Correct Term Below

question 21

Multiple Choice

Match each statement with the correct term below.
-Limited Liability Partnership

• A)An entity with conduit tax characteristics that provides limited liability to its owners.
• B)An organization of two or more persons operating a business that is not taxed.
• C)A general partnership that offers limited liability to the partners.
• D)An association created under the laws of a state giving owners limited liability.
• E)Retains legal characteristics while obtaining tax characteristics of a conduit.
• F)A partnership in which the liability of at least one partner is limited.

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Definitions:

Receiver

The individual or entity that gets or accepts something sent, given, or communicated to them.

Message

A piece of information or communication sent from one individual or group to another.

Channels

in communication refer to the mediums through which information is transmitted from one entity to another, such as verbal, non-verbal, written, and digital modes.

Messages

Information or communication sent from one person or entity to another, through various means such as speech, writing, or symbols.