menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Taxation of Business Entities
  4. Exam
    Exam 4: Entities Overview
  5. Question
    Which Legal Entity Provides the Least Flexible Legal Arrangement for Owners
Solved

Which Legal Entity Provides the Least Flexible Legal Arrangement for Owners

Question 78

Question 78

Multiple Choice

Which legal entity provides the least flexible legal arrangement for owners?


A) Corporation.
B) LLC.
C) Partnership.
D) Sole Proprietorship.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: Business income allocations from an S corporation

Q15: S corporation shareholders are legally responsible for

Q41: For tax purposes, only unincorporated entities can

Q42: Owners who work for entities taxed as

Q71: If a C corporation incurs a net

Q72: Owners of which of the following entity

Q73: Jorge is a 100 percent owner of

Q77: What document must LLCs file with the

Q79: The deduction for qualified business income applies

Q79: Roberto and Reagan are both 25 percent

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines