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
Correct Answer:

Verified
Correct Answer:
Verified
Q206: According to the Uniform Partnership Act, the
Q207: One of the major advantages for the
Q208: Declan plans to open up three Pizza
Q209: Which of the following is an advantage
Q210: Although sole proprietors do not pay any
Q212: Compared to the C corporation, the limited
Q213: A good reason why partners should spell
Q214: Compared to sole proprietorships, an advantage of
Q215: Stock options are the right to purchase
Q216: Which of the following is normally considered