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Which type of organization is classified as a partnership

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Reference no: EM132920624

Problem 1: Which of the following type of organization is classified as a partnership, or similar to a partnership, for tax purposes?
(I.) Limited Liability Company
(II.) Limited Liability Partnership
(III.) Subchapter S Corporation

Multiple Choice

Option 1: II only.

Option 2: II and III.

Option 3: I and II.

Option 4: I and III.

Option 5: I, II, and III.

Reference no: EM132920624

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