Match the most appropriate term to the definition.
-Ends automatically at the death of one of the owners
A) par value
B) dissolution
C) personal liability
D) indefinite life span
E) partnership
F) sole proprietorship
G) corporation
H) limited partnership
I) pooling agreement
J) ratification
Correct Answer:
Verified
Q20: Corporations
A) may be owned by one or
Q21: A corporation's life continues indefinitely.
Q22: Partnership income is considered personal for tax
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Q26: Match the most appropriate term to the
Q27: Corporations can issue various levels of stock
Q28: Limited partners are not liable for debts
Q29: A corporation always protects the owners from
Q30: Match the most appropriate term to the
Q213: Match each definition with the correct term
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