All owners of a _____ can actively participate in management while still having limited liability.
A) statutory close corporation
B) Z corporation
C) general partnership
D) sole proprietorship

Question

Quizplus · Accepted Answer

In a statutory close corporation, owners can actively participate in management while enjoying limited liability, unlike in general partnerships or sole proprietorships where liability is not limited.

All Owners of a _____ Can Actively Participate in Management