Practice free →
HomeBBABusiness StudiesMergers and Franchising › A hybrid form giving the liability protection of…

A hybrid form giving the liability protection of a corporation with simpler taxation is a:

ALimited listing company
BLimited liability company
CLimited lending company
DLimited leasing company
Answer & Solution
Correct answer: B. Limited liability company
1. It is a hybrid organisation. 2. The protection matches a corporation's. 3. It is a limited liability company. _Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
Solve this in the app — BBA practice & 24k+ MCQs →
Related questions