A potential drawback of sole proprietorships and partnerships is that the parties involved have:
A) limited financial liability
B) only corporate liability
C) unlimited liability
D) partial protection from creditors for business debts
E) only corporate liability and partial protection from creditors for business debts
Correct Answer:
Verified
Q368: In In re 1545 Ocean Avenue, LCC,
Q369: The _ of a limited liability company
Q370: The manager of a limited liability company:
A)
Q371: Unlike a corporation:
A) a partnership pays high
Q372: To create a limited liability company, creators
Q374: Unlike a corporation, a limited liability company
Q375: In In re 1545 Ocean Avenue, LCC,
Q376: The company name, the address of the
Q377: A limited liability company may be terminated:
A)
Q378: The articles of organization filed for a
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