In a limited liability company the business, not the owners, is responsible for the corporation's debts.
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Q22: By definition, which of the following represents
Q23: There are four major forms of business
Q24: A relatively low amount of government regulation
Q25: An auditor has been offered a gift
Q31: A proprietorship is created by:
A)obtaining a state
Q52: A proprietor has unlimited liability for the
Q53: The most that a proprietor can lose,as
Q86: From a legal perspective,a proprietorship is:
A)an entity
Q93: The International Accounting Standards Board is made
Q101: All business managers are legally bound to
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