Which of the following organizational structures is least desirable from a liability perspective?
A) Limited partnership
B) General partnership
C) "S" corporation
D) Limited liability company
Correct Answer:
Verified
Q1: Two advantages of owning a franchise as
Q3: The earliest known franchisor was _.
A) McDonald's
Q4: The applicable law that governs a business
Q5: Organizations operating a business under an assumed
Q6: Owner-operator is a type of operating structure
Q7: Under the principal/agent relationship theory, an agent
Q8: A sole proprietorship is the safest legal
Q9: The legal entity which is taxed twice,
Q10: The least complex of all organizational structures
Q11: Limited liability companies are formed under federal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents