Which of the Following Forms of Organization Is Most Likely

question 51

Multiple Choice

Which of the following forms of organization is most likely to protect the personal assets of any partner or shareholder who has not been involved on an engagement resulting in litigation?

• A)Professional corporation.
• B)Limited liability partnership.
• C)Partnership.
• D)Subchapter M Incorporation.

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Definitions:

Petiole

A slender stem that attaches the leaf blade to the plant stem, enabling nutrient and water transport.

Stem

The main body or stalk of a plant, which supports leaves, flowers, and fruits, and transports fluids between the roots and the rest of the plant.

Stipule

One of a pair of scalelike or leaflike structures found at the base of certain leaves.

Palisade Mesophyll

The layer of closely packed, elongated cells found under the upper epidermis of leaves, responsible for most of the photosynthesis in plants.