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Esb certification Question and answers correctly solved 2024 $13.49
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Exam (elaborations)

Esb certification Question and answers correctly solved 2024

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Esb certification Question and answers correctly solved 2024 Sole Partnership - correct answer A business owned by one person S corporation - correct answer a form of corporation that avoids double taxation by having its income taxed as if it were a partnership Non-Profit Corporation - co...

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  • August 23, 2024
  • 1
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Esb certification
Sole Partnership - correct answer ✔A business owned by one person


S corporation - correct answer ✔a form of corporation that avoids double
taxation by having its income taxed as if it were a partnership


Non-Profit Corporation - correct answer ✔An organization that does not pay
taxes and does not exist to make a profit.


limited liability company - correct answer ✔A business organization in which
the business (not the owner) is liable for the company's debts


C Corporation - correct answer ✔The most common type of corporation,
which is a legal business entity that offers limited liability to all of its owners,
who are called stockholders


Initial Public Offering (IPO) - correct answer ✔the first time a company
issues stock that may be bought by the general public


management buyout - correct answer ✔When the management of a
corporation buys the controlling shares in the company.


ESOP (employee stock ownership plan) - correct answer ✔a company-
established benefits plan in which employees acquire stock, often at below-
market prices, as part of their benefits


Harvesting - correct answer ✔The stage in which the entrepreneur decides
on a venture's future growth, development, or demise

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