Question: A(n) _______ can be automatically created based on the conduct of two or more persons who agree to share a common interest in a commercial

A(n) _______ can be automatically created based on the conduct of two or more persons who agree to share a common interest in a commercial endeavor and to share profits and losses.

Multiple Choice

partnership

corporation

benefit corporation

alien corporation

limited liability company

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

1. X, Y and Z are partners, with X contributing P60,000; Y P40,000; and Z service. They agreed to divide the profits and losses in the following proportions: X, 35%; Y, 25%, Z, 40%. If the...

Q:

Do the reading assignment and then look up KRS 275.520 and read its text.Then answer the questions below. Fully explain your answers: 1.What is the taxation advantage of a LLC as opposed to a...

Q:

***READ THIS FIRST*** I need the questions for Part 1 AND Part 2 answered for this case study. The answers must be well-written, detailed, and must answer each question fully with examples from the...

Q:

***READ THIS FIRST*** I need the questions for Part 1 AND Part 2 answered for this case study. The answers must be well-written, detailed, and must answer each question fully with examples from the...

Q:

***READ THIS FIRST*** I need the questions for Part 1 AND Part 2 answered for this case study. The answers must be well-written, detailed, and must answer each question fully with examples from the...

Q:

***READ THIS FIRST*** I need the questions for Part 1 AND Part 2 answered for this case study. The answers must be well-written, detailed, and must answer each question fully with examples from the...

Q:

***PLEASE READ THIS FIRST AND LEAVE SUGGESTIONS*** I just need the following 2 questions answered and help making the Fraud Risk Matrix for the 3rd . The answers for Questions 1 and 2 must be...

Q:

***PLEASE READ THIS FIRST AND LEAVE SUGGESTIONS*** I just need the following 2 questions answered and help making the Fraud Risk Matrix for the 3rd . The answers for Questions 1 and 2 must be...

Q:

***PLEASE READ THIS FIRST*** I just need the following 3 questions answered. The answers for Questions 1 and 2 must be well-written, detailed, and must answer each question fully with examples from...

Q:

***PLEASE READ THIS FIRST*** I just need the following 3 questions answered. The answers for Questions 1 and 2 must be well-written, detailed, and must answer each question fully with examples from...

Q:

Some organizations set up a selection process that is long and complex. In some people's opinion, this kind of selection process not only is more valid but also has symbolic value. What can the use...

Q:

Assuming that the pre-exponential factor for surface diffusion is given by kBT/h: a) How low must the diffusion activation energy be to give a diffusion length, of roughly 100 nm between successive...

Q:

Q4 On January 1, 2025, Jacklin Corporation paid $2,400,000 for 30 percent of the outstanding voting stock of Mason, Incorporated, and appropriately applied the equity method for its investment. Any...

Q:

A janitorial services organization purchases Colgate - Palmolive supplies to use in cleaning places like schools and office buildings. This type of customer would be an example of what type of market...

Q:

Why are employees considering union representation?

Q:

Explain the use of ombudspersons and alternative dispute resolution.

Q:

What is the total annual turnover rate?