please need help business law

In which business form does the owner have all responsibility for profits and losses? O Professional Association (PA) Sole proprietorship O partnership O Limited Liability Co. (LLC) Question 2 0.5 pts What kind of partnership can be created without any express agreement? None of these is correct. O General Partnership Limited Partnership O Joint Operating Agreement Question 3 0.5 pts The business form that is a separate and distinct artificial persons from the actual owners of the business is a Sole Proprietorship General Partnership Corporation Limited Liability Partnership What distinguishes a public corporation from a close corporation? O The duration of the corporation's existence Shares are sold on the open market The size close corporations are all small The size, close corporations are all very large Question 5 Which business entities have unlimited liability o Corporations and Limited Liability Companies None of these is correct Sole proprietors and general partnerships Corporations and sole proprietorships DD Question 6 True or False, all corporations are taxed as a separate entity, separate from the taxation on shareholders True False What formality is required to create a corporation? ments sions O Corporations must file Federal articles and bylaws Corporations must be chartered by their county of incorporation No formalities are required o Corporations must file state articles of incorporation D Question 8 0.5 pts s 5 Advantages of the corporate form of business gereally include what? mock Tax advantages es Ease of obtaining funding/financing rations O all of these is correct Limited owner liability Discover co Recordings Tools D Question 9 0.5 pts Resources Which business form survives the death of an owner or owners? General partnership Sole proprietorship O corporation None of these is correct. > Question 9 0.5 pts Which business form survives the death of an owner or owners? O General partnership O Sole proprietorship O corporation O None of these is correct. Question 10 0.5 pts What best describes an LLC? A less expensive form of sole proprietorship O A hybrid of corporation and partnership An unlimited liability form of partnership None of these is even arguably correct