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QUESTION 13 The most popular form of unincorporated business is: A. Limited Liability Partnership O B. Limited Partnership OC. Limited Liability Company OD. Corporation QUESTION

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QUESTION 13 The most popular form of unincorporated business is: A. Limited Liability Partnership O B. Limited Partnership OC. Limited Liability Company OD. Corporation QUESTION 14 Blue Sky Laws: O A. Allow dividends to be distributed on a quarterly basis O B. Mandate that the board of directors be distinct from the officers of a corporatio O C. Prohibit fraud in the sale of securities O D. Dictate the shares of a corporation not be diluted when issued QUESTION 15 Who is more likely to set up a professional corporation? O A. A Nail technician OB. A computer technician OC. A doctor OD. A Legal Assistant

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