Select from the option list provided the entity type that best answers each question. Each choice may be used once, more than once, or not at all.

AB$1$QuestionEntity Type$2$Which entity type has double taxation?

$3$What type of corporation is generally not subject to a federal tax on its income?

$4$What type of business is co$-$owned by two persons and formed based on written or oral agreement?

$5$Which entity is terminated at the owner$$s discretion or upon death?

$6$Which entity type limits the type of owners?

$7$Which entity type has multiple classes of stock?

$8$For which entity does each owner have the right to equal participation in management?

$9$Which entity type$$s legal status is not a separate entity from its owner?

$10$What$$is$$the$$legal$$entity$$that$$may$$exist$$in$$perpetuity$?$

$11$In which entity type may one or more owners have no liability with respect to the entity$$s obligations beyond their contributions?

entity types c corporation, s corporation, general partnership, limited partnership, sole proprietorship