The choice of ownership form for pooled equity investments can also depend on the desire to avoid personal liability. Which of the following ownership structures suffers from the major disadvantage of unlimited liability for all investors?

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The ownership structure that suffers from the major disadvantage of unlimited liability for all investors is the general partnership. In a general partnership, all partners are personally liable for the partnership's debts and obligations. C corporations, subchapter S corporations, and limited partnerships all offer limited liability to their investors to varying degrees.

The Choice of Ownership Form for Pooled Equity Investments Can