All forms of business organizations are treated as legal entities separate from their owners.

Name: All forms of business organizations are treated as legal entities separate from their owners.
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Question

All forms of business organizations are treated as legal entities separate from their owners.​

Quizplus · Accepted Answer

Not all forms of business organizations are treated as separate legal entities from their owners. Sole proprietorships and partnerships, for example, are not considered separate legal entities, meaning the owners are personally liable for the debts and obligations of the business.

All Forms of Business Organizations Are Treated as Legal Entities