1. Which entity choice(s) protect the owners from the generalobligations of the business?
A. Sole proprietorship
B. C Corp
C. S Corp
D. Parnership
E. LLC
F. LLP
2.Which entity choice(s)only tax the profits of the business onetime?
A. Sole proprietorship
B. C Corp
C. S Corp
D. Parnership
E. LLC
F. LLP
3. While entity choice(s) are available for businesses with asingle owner?
A. Sole proprietorship
B. C Corp
C. S Corp
D. Parnership
E. LLC
F. LLP
4. Which entity choice(s) are required to file an annual incometax return?
A. Sole proprietorship
B. C Corp
C. S Corp
D. Parnership
E. LLC
F. LLP
5. Dicussion Question: Government provided goods and servicescan be categorized as public goods or nonpublic goods. Provideexamples of each. For which goods and services is it appropriate toconsider a user fee to raise revenues associated with the costsincurred in providing those goods and services? When theopportunity exists to cover the costs of those goods and serviesthrough user fees, why do govenments often choose to raise taxesfor those goods and services partly through other means?
1. Which entity choice(s) protect the owners from the generalobligations of the business?
A. Sole proprietorship
B. C Corp
C. S Corp
D. Parnership
E. LLC
F. LLP
2.Which entity choice(s)only tax the profits of the business onetime?
A. Sole proprietorship
B. C Corp
C. S Corp
D. Parnership
E. LLC
F. LLP
3. While entity choice(s) are available for businesses with asingle owner?
A. Sole proprietorship
B. C Corp
C. S Corp
D. Parnership
E. LLC
F. LLP
4. Which entity choice(s) are required to file an annual incometax return?
A. Sole proprietorship
B. C Corp
C. S Corp
D. Parnership
E. LLC
F. LLP
5. Dicussion Question: Government provided goods and servicescan be categorized as public goods or nonpublic goods. Provideexamples of each. For which goods and services is it appropriate toconsider a user fee to raise revenues associated with the costsincurred in providing those goods and services? When theopportunity exists to cover the costs of those goods and serviesthrough user fees, why do govenments often choose to raise taxesfor those goods and services partly through other means?