A Type of Partnership Called a ________ Acts Much Like

question 211

Multiple Choice

A type of partnership called a ________ acts much like a corporation and is traded on stock exchanges, but it is taxed like a partnership with profits passing through to the owners and taxed as the owner's personal income.

• A) limited partnership
• B) combined general partnership
• C) cooperative partnership
• D) master limited partnership

---

Definitions:

NANDA-I

An organization (North American Nursing Diagnosis Association International) that develops, publishes, and promotes standardized nursing diagnostic terminology.

Little Research

Referring to topics or areas in which minimal scientific studies or comprehensive investigation has been conducted.

Decisional Conflict

A state of uncertainty about which course of action to take when choices among competing actions involve risk, loss, or challenge to personal values.

Unclear Personal Values

A lack of clarity or confusion about one's own principles or standards of behavior which guide decisions and actions.