angulation of the big toe away from the midline of the body

_____ Disc: protrusion of nucleus pulposis into adjacent vertebral body.

Thea and her friends Josef and Danny, all U.S. citizens, want to open a nail salon. They would all like to avoid personal liability for debts of the business and/or wrongful acts of each other. They would also like to minimize taxation. Thea is in favor of a corporation and asks if there is any problem with that form of business. Josef and Danny say that they are concerned about double taxation with a corporation and that they are in favor of a partnership, even if personal liability is a concern. Thea said that she was concerned about the deductibility of losses if the corporate form was chosen. She did some research and suggested an S corporation to Josef and Danny which she claimed would avoid the problem of double taxation. In regard to losses, what type of tax treatment would an S corporation provide?

_____ process: Sharp, slender projection.

Prominent ridge or elongated process.

Hip bones are also called _____ bones:

Prominent ridge or elongated process.

Bruno and Martin run Skyview, LLC, a drone company that takes aerial photographs. After an accident with the drone, Bruno tells Martin that he does not want to be involved in management any longer. Martin tells Bruno that if he stops participating in management, they will no longer be protected by the limited liability of an LLC. Bruno says that if there is a lawsuit, they are both equally liable. Martin replies that if Bruno wants, he could be a limited LLC member and then he won’t have a say in the company. Is Bruno correct that they would both be equally liable?

In states in which it conducts business but is not incorporated, a corporation is a _______ corporation.

Which of the following is not a part of the Life Cycle of a Partnership according to the text?