Jess and Kaley Own and Operate Little Tykes,a Small-Business Enterprise

question 24

Multiple Choice

Jess and Kaley own and operate Little Tykes,a small-business enterprise.Little Tykes pays taxes on its profits,and Jess and Kaley pay taxes on the profits that are afterwards distributed to them.Little Tykes is

• A)a corporation.
• B)a limited liability company.
• C)a partnership.
• D)a sole proprietorship.

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Definitions:

Largest Group

Refers to the most numerous or most extensive category or grouping in a given context or classification.

Protozoans

Single-celled eukaryotic organisms that may exhibit animal-like behaviors, such as movement, and are often found in aquatic or moist terrestrial environments.

Amoeboids

A group of organisms, mostly unicellular, that move and ingest food by extending pseudopods.

Fungal Cell Walls

Rigid outer layers found in fungal cells, composed primarily of chitin, which provide structure and protection.