All of the following are true for a partnership except which one?
A) The government requires that it is registered.
B) Profits are taxed twice.
C) The owners have unlimited liability.
D) It is owned by two or more people.
B) Profits are taxed twice.
You might also like to view...
Describe one way cultural anthropology has changed since the late nineteenth century
What will be an ideal response?
The genus and species designation for the "common" chimpanzee is
a. Pan paniscus. b. Pan gorilla. c. Pongo paniscus. d. Pan troglodytes. e. Pongo troglodytes.
It is likely that Homo sapiens reached the New World __________
a. during the Middle Stone Age b. by crossing the Atlantic on watercraft c. via the coast of Siberia d. directly from Africa on a South Atlantic land bridge
In capitalism, workers are dependent on __________ to organize and produce goods and services, sell their labor for wages or salaries, and produce a surplus value that the owners retain as profit
a. consumers b. owners c. laborers d. partners