Which of the Following Entity Characteristics Are Generally Key Drivers

question 44

Multiple Choice

Which of the following entity characteristics are generally key drivers for small business owners in deciding which entity to choose?

• A) Double taxation.
• B) Required accounting period.
• C) Liability protection.
• D) Double taxation and required accounting period.
• E) Double taxation and liability protection.

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Definitions:

Free Will

The concept that humans have the ability to make choices that are not determined by prior causes or by divine intervention.

Conscious Mind

The aspect of the mind that is aware of thoughts, feelings, and surroundings at any given moment.

Behaviors

Behaviors are the actions or reactions of an individual or a system in response to external or internal stimuli.

Positron-Emission Tomography

An imaging technique that uses radioactive substances to visualize and measure changes in metabolic processes, and hence, the functioning of organs and tissues.