Which of the Following Describes a Limited Liability Company

question 111

Multiple Choice

Which of the following describes a limited liability company?

• A)Entities with limited lives that a company creates to achieve a specific objective.
• B)An association of two or more entities for the purpose of achieving a specific goal.
• C)Corporations that U.S.tax laws treat as partnerships,and they do not pay income taxes.
• D)A special type of partnership that confines the limited partner's potential loss to the amount of his or her investment.

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Definitions:

Classical Conditioning

This teaching method repeatedly combines two stimuli; over time, a response once elicited by the second stimulus becomes elicited by the first stimulus in isolation.

Aggressive Behavior

Acts that can cause physical or emotional harm to others, or the intention to hurt others.

Free Play

Unstructured playtime where children engage in activities of their choosing without direct adult guidance or instruction, critical for development.

Classical Conditioning

A training approach where a natural stimulus is paired with one from the environment, leading to a taught reaction.