The profits of ___ are taxed to the owners as individuals; the business organization itself pays no taxes.
A) sole proprietorships and corporations
B) sole proprietorships and partnerships
C) partnerships and corporations
D) Sub S corporations and corporations
E) LLCs and corporations
Correct Answer:
Verified
Q1: A business attempts to earn a profit
Q2: Businesses are typically categorized as
A) industrial, service,
Q3: A _ acts as a middleman and
Q4: Which of the following are the most
Q6: Each owner of the Swift Bakery pays
Q7: Owners of each type of the following
Q8: Limited liability means that owners are limited
Q9: Joe and Mia are 50:50 partners in
Q10: Laurie Boone is forming a new business
Q11: Which of the following statements about corporations
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