Fatz Confectionery is a candy company that operates at the risk of unlimited liability for its many owner in case, for instance, all of its former employees win a class action lawsuit because of "sugar-lung" developed over decades of working there. Thus Fatz is a
A) proprietorship.
B) partnership.
C) either of the above.
D) neither of the above.

Question

Quizplus · Accepted Answer

A partnership involves multiple owners who share the profits and liabilities of the business, including unlimited liability for debts and legal actions.

Fatz Confectionery Is a Candy Company That Operates at the Risk