Author Question: A ________ is a business organization that is treated like a corporation for liability purposes but ... (Read 63 times)

swpotter12 · **on:** Jun 24, 2018

A ________ is a business organization that is treated like a corporation for liability purposes but like a partnership for federal tax purposes.
a. nonprofit company
b. limited liability corporation c. restricted liability company d. no liability company
e. none of the other choices are correct

Question 2

The Used-Car rule issued by the FTC requires used car sellers to give consumers clear warranty information.
a. True
b. False
Indicate whether the statement is true or false