Which of the Following Does Not Apply to a Partnership

question 47

Multiple Choice

Which of the following does not apply to a partnership business?

• A) Minimal costs to establish.
• B) Pays taxation separately to that of the owners.
• C) An annual tax return must be prepared.
• D) An ABN must be applied for.

---

Definitions:

Toxic Reaction

An adverse response of the body to the presence of a toxic substance, leading to symptoms that can range from minor (such as a rash) to severe (such as organ damage or death).

Multivitamin

A dietary supplement containing a combination of vitamins, and often minerals, intended to provide a broad nutritional support.

Vegetarian Diet

A diet excluding meat, fish, and poultry, focusing on plant-based foods for nourishment.

Complete Protein

A source of protein that contains an adequate proportion of all nine of the essential amino acids necessary for the dietary needs of humans.