Question: A pass - through entity is one in which: Multiple Choice the partners have no liability for business debts. corporate tanes must be paid. profits
A passthrough entity is one in which:
Multiple Choice
the partners have no liability for business debts.
corporate tanes must be paid.
profits are tamed after they are distributed to indvidual partiers.
there is no joint and several lability
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
