This Form of Ownership Is the Same as a Corporation

question 85

Multiple Choice

This form of ownership is the same as a corporation in terms of legal characteristics even though Congress is considering legislation that would further simplify its formation and running.Its distinction from a corporation is made for federal income tax purposes only.

• A)S-corporation
• B)master limited partnership
• C)sole proprietorship
• D)limited liability company

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Definitions:

Aggression

Hostile or violent behavior or attitudes towards another; readiness to attack or confront.

Theoretical Accounts

These are explanations or models proposed by researchers to understand and describe various phenomena or behaviors based on observed data and evidence.

Evolutionary Social Psychology

An approach in social psychology that examines how evolutionary principles influence human social behavior, thoughts, and emotions.

Ethology

Approach that argues that animal behaviour should be studied in the species’ natural physical and social environment. Behaviour is genetically determined and is controlled by natural selection.