Match the following characteristics with the form of business entity that best describes it. Each may be used more than once.
-Organized as a separate legal taxable entity
A)Proprietorship
B)Partnership
C)Corporation
D)Limited liability company (LLC)

Question

Quizplus · Accepted Answer

Corporations are organized as separate legal entities that are distinct from their owners and are taxable entities on their own.

Match the Following Characteristics with the Form of Business Entity