This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A partnership: A) is a form of business ownership with a single owner who usually actively manages ... (Read 117 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jul 14, 2018
A partnership:
 A) is a form of business ownership with a single owner who usually actively manages the company.
  B) is a form of business ownership in which the business is considered a legal entity that is separate and distinct from its owners.
  C) is a form of business ownership that offers both limited liability to its owners and flexible tax treatment.
  D) is a voluntary agreement under which two or more people act as co-owners of a business for profit.

Question 2

Explain the differences among a domestic, a foreign, and an alien corporation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 14, 2018
Answer to Question 1

D

Answer to Question 2

A domestic corporation is an incorporated business in the state in which it is incorporated. In all other states where the organization does business, it is called a foreign corporation. An alien corporation is a corporation chartered by a foreign government and conducting business in the United States.


nelaaney

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jul 14, 2018
Correct answers!


coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jul 14, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Devil facial tumour disease causes tumours to form in and around the mouth, interfering with feeding Devil facial tumour disease causes tumours to form in and around the mouth, interfering with feeding
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Sample new patient registration form. Sample new patient registration form.
First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ... First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ...
Humulin, a recombinant form of human insulin Humulin, a recombinant form of human insulin
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library