Multiple Choice
In many ways,a limited liability company can be thought of as a cross between
A) a corporation and a franchise.
B) a joint venture and a partnership.
C) a corporation and a sole proprietorship.
D) a sole proprietorship and a social enterprise.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: A social enterprise must do all of
Q2: The form of business ownership that is
Q3: All the business forms listed below have
Q4: The phrase "piercing the company veil" applies
Q6: The Federal Trade Commission requires franchisors to<br>A)give
Q7: What constitutes a social enterprise's "triple bottom
Q8: The term "S Corporation" comes from<br>A)the Internal
Q9: Which of the following statements regarding social
Q10: No formal steps are necessary to create
Q11: A court may pierce an LLC's veil