Which Statement Is True

question 51

Multiple Choice

Which statement is true?

• A) LLCs cannot have earnings pass through as personal income.
• B) LLCs are ideal for joint ventures.
• C) S-type corporations can be partially owned by other corporations.
• D) LLCs can only be owned by people and not other corporations.

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Definitions:

Expressive

Pertaining to the conveyance of thoughts, feelings, or emotions openly and effectively through various forms of communication.

Sexual Contact

Sexual contact involves physical interaction of a sexual nature between individuals, including behaviors ranging from touching to intercourse.

Biological Father

The man from whom one has inherited half of their DNA and is their parent by nature rather than by adoption or upbringing.

Marginalized

The state of being placed in a position of insignificance or marginal importance within a society or group, often leading to limited access to resources and opportunities.