Multiple Choice
Match the term with its definition.
-A form of organization in which owners have limited liability but pay personal income taxes on business profits
A) board of directors
B) general partner
C) legal entity
D) limited liability company
E) limited partners
F) nonprofit corporation
G) partnership agreement
H) sole proprietorship
I) social network
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Match the term with its definition.<br>-The governing
Q6: A typical common stockholder of a corporation<br>A)
Q7: Match the term with its definition.<br>-A situation
Q8: Partners always share profits and losses equally.
Q9: Creating a partnership allows a business to
Q11: Match the term with its definition.<br>-An interconnected
Q12: Glenda, an employee of a corporation, caused
Q13: A partnership reports the income it earns
Q14: What services are board members expected to
Q15: Match the term with its definition.<br>-A partnership