Laura owns and operates Meditation Center without creating a separate business organization. She receives all the profits from the fees for the classes and the sales of the center's merchandise. This is most likely
A) a general partnership.
B) a limited liability partnership.
C) a sole proprietorship.
D) a limited liability company.
Correct Answer:
Verified
Q22: Without creating a separate business organization, Roy
Q23: Dissociation occurs when a partnership's customer ceases
Q24: In a limited partnership, a limited partner
Q25: A foreign investor cannot be a member
Q26: The liability of the members of a
Q27: During the winding up stage of dissolution,
Q28: To form a limited liability company, articles
Q29: Bayard organized, and owns and operates, Cypress
Q30: A partner's interest in the partnership is
Q31: A partner cannot pursue his or her
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