{"id":657,"date":"2017-11-01T18:30:59","date_gmt":"2017-11-01T12:30:59","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/sally-and-alicia-currently-are-general-partners-in-a-business-located-treated-equally\/"},"modified":"2017-11-01T18:30:59","modified_gmt":"2017-11-01T12:30:59","slug":"sally-and-alicia-currently-are-general-partners-in-a-business-located-treated-equally","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/sally-and-alicia-currently-are-general-partners-in-a-business-located-treated-equally\/","title":{"rendered":"Sally and Alicia currently are general partners in a business located&#8230;..treated equally."},"content":{"rendered":"<p>Sally and Alicia currently are general partners in a business located in Atlanta, Georgia. They are content with their current tax situation but are both very uncomfortable with the unlimited liability to which they are each subjected. Which form of business entity should they consider to replace their general partnership assuming they wish to remain the only two owners of their business? Whichever organization they select, they wish to be treated equally.<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[74],"subject":[7],"education_level":[],"class_list":["post-657","mcq","type-mcq","status-publish","hentry","topic-introduction-to-corporate-finance","subject-corporate-finance"],"mcq_note":"Sally and Alicia currently are general partners in a business located in Atlanta, Georgia. They are content with their current tax situation but are both very uncomfortable with the unlimited liability to which they are each subjected. Which form of business entity should they consider to replace their general partnership assuming they wish to remain the only two owners of their business? Whichever organization they select, they wish to be treated equally.Answer:limited liability company.","mcq_options":[{"right":"no","answer":"sole proprietorship"},{"right":"no","answer":"joint stock company "},{"right":"no","answer":"limited partnership "},{"right":"yes","answer":"limited liability company "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":74,"title":"Introduction to Corporate Finance","slug":"introduction-to-corporate-finance"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=657"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=657"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=657"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=657"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}