Which of the following entities cannot be classified as a partnership? A) Non-profit organization B) Insurance company C) Joint stock company D) Limited Liability Company (LLC) E)... Which of the following entities cannot be classified as a partnership? A) Non-profit organization B) Insurance company C) Joint stock company D) Limited Liability Company (LLC) E) Government entity
Understand the Problem
The question is asking which types of entities do not fit the definition of a partnership. A partnership typically involves two or more individuals or entities engaging in business together. The options provided represent different types of organizations, so we need to evaluate each one in relation to the characteristics of a partnership.
Answer
Government entity cannot be classified as a partnership.
Government entity cannot be classified as a partnership.
Answer for screen readers
Government entity cannot be classified as a partnership.
More Information
A partnership is typically a business entity that involves private individuals or groups. A government entity, being part of the public sector, is not classified as a partnership.
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