20-33.The following is NOT a test that an entity is a corporation and not a partnership:
A) absence of a termination date
B) centralized management
C) limited liability
D) amount of value of assets
Correct Answer:
Verified
Q26: 20-21.With an S-corporation the number of shareholders
Q27: 20-28.A benefit of the S-Corporation for holding
Q28: 20-26.One advantage of sole ownership of real
Q29: 20-22.Partnerships can be categorized as:
A) general
B) limited
C)
Q30: 20-30.Characteristic of the limited partnership form of
Q31: 20-27.A characteristic of the C-corporation ownership of
Q33: 20-23.A partnership is terminated with:
A) the retirement
Q34: 20-31.The Real Estate Investment Trust Act authorizes:
A)
Q35: 20-29.The following is not an advantage of
Q36: 20-25.Sole ownership of real estate relies heavily
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