Limited liability may be a characteristic of each of the following form(s) of organization EXCEPT a ________________.
A) Sole proprietorship.
B) Corporation.
C) Limited partnership.
D) Limited liability company.
E) Co-operative(Co-op)

Question

Quizplus · Accepted Answer

Sole proprietorships do not offer limited liability; the owner is personally responsible for all debts and obligations of the business.

Limited Liability May Be a Characteristic of Each of the Following