The Characteristics Below Apply to at Least One of the Forms

question 3

Essay

The characteristics below apply to at least one of the forms of business organization.
a. Is a separate legal entity.
b. Is allowed to be owned by one person only.
c. Individual owners are personally liable for debts of the business.
d. Is a separately taxable entity.
e. Is a business entity.
f. May have a contract specifying the division of profits among the partners.
g. Has an unlimited life.
Use the following format to indicate (with a "yes" or "no") whether or not a characteristic applies to each type of business organization.

---

Definitions:

Schizophrenia

A complex mental health disorder characterized by disruptions in thought processes, perceptions, emotional responsiveness, and social interactions.

Positive Symptoms

Features that are added to a person’s behavior and experience, such as hallucinations or delusions, especially in the context of psychiatric disorders.

Prozac

A brand name for fluoxetine, a widely prescribed antidepressant belonging to the selective serotonin reuptake inhibitor (SSRI) class.

Hopeless

A feeling or state of despair when an individual perceives no possible solutions or outcomes to a difficult situation.