Which of the following is the simplest form of business organization?
A) sole proprietorship
B) general partnership
C) limited partnership
D) limited liability company
E) corporation
Correct Answer:
Verified
Q78: Limited partners are liable only for the
Q79: A corporation can operate as the only
Q80: Another terms for limited partnership is limited
Q81: Once a partnership is dissolved,all liability for
Q82: Upon partnership dissolution,the remaining partners have the
Q84: The duration of a general or limited
Q85: A limited partner who permits his or
Q86: If the sole general partner has withdrawn
Q87: Most states do not restrict the use
Q88: A general partnership is also known as
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