All the business forms listed below have limited liability EXCEPT the
A)limited liability company.
B)general partnership.
C)"S" corporation.
D)corporation.

Name: All the business forms listed below have limited liability EXCEPT the A)limited liability company. B)general partnership. C)"S" corporation. D)corporation.
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Question

Quizplus · Accepted Answer

General partnerships do not offer limited liability to their owners. In a general partnership, each partner is personally liable for the debts and obligations of the business.

All the Business Forms Listed Below Have Limited Liability EXCEPT