Multiple Choice
Which of the following statements regarding business forms is true?
A) A sole proprietorship is an unincorporated business owned by one person.
B) All partnerships are owned by two people.
C) A corporation is not a legal entity.
D) An LLC (limited liability company) has the same tax treatment as a corporation.
Correct Answer:
Verified
Correct Answer:
Verified
Q97: A company issues 500,000 shares of preferred
Q98: Horton Company began business on January 1,2014
Q99: Which of the following statements is true
Q100: A corporate charter specifies that the company
Q101: On the date a dividend is declared,the
Q103: Which of the following statements is true?<br>A)Stock
Q105: Use the information above to answer the
Q106: If a company's Earnings per Share and
Q256: As of November 29,it appears that Notel
Q260: Treasury stock is a corporation's own stock