Which of the following present limited liability to owners/shareholders.

a) sole proprietorship
b) partnership
c) limited partnership
d) S corporation
e) C corporation

Answer:
c) limited partnership
d) S corporation
e) C corporation

Business

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A buyer intends to sell a house within two years. The buyer would prefer

a. a loan with no prepayment penalty. b. a loan with low initial loan costs. c. an assumable loan. d. all of these.

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According to Table M7-1, it is currently profitable to produce some units of X1 and the current profit per unit of X1 is $20. What is the lowest value that this could be to allow this variable to remain in the basis?

A) 8 B) 16 C) 20 D) 30 E) None of the above

Business