A ____ is a business entity in which the shareholders are members of the same profession, purchase the corporation's stock, own the firm, share in the profits and losses of the firm in proportion to the number of shares they own, and have limited personal liability.

A. sole proprietorship
B. partnership
C. professional corporation
D. business corporation


Answer: C

Legal Studies & Paralegal

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Indicate whether the statement is true or false

Legal Studies & Paralegal

?In remjurisdiction means

A. ?"jurisdiction over the thing." B. ?"jurisdiction in law." C. ?"to speak the law." D. ?"jurisdiction of subject."

Legal Studies & Paralegal

Which of the following would not be community property? 

A. Property acquired by husband and wife during marriage B. Property acquired by husband during marriage C. Property received by wife through inheritance D. None of the above

Legal Studies & Paralegal

A useful technique of __________ listening is to repeat back a portion of what the client has told you.

Fill in the blank(s) with the appropriate word(s).

Legal Studies & Paralegal