Multiple Choice
Jose is a stockholder in a software consulting firm.He gets a share of the earnings of the firm,on which he has to pay taxes.Moreover,the firm pays taxes on its earnings.As an individual,Jose is not legally liable to pay off the debts that might be incurred by the firm.In this scenario,the software consulting firm can be regarded as a _____.
A) sole proprietorship
B) partnership
C) corporation
D) franchise
Correct Answer:
Verified
Correct Answer:
Verified
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