Which of the following forms of business have unlimited liability for all its owner(s)?
A) C corporation
B) Sole proprietorship
C) Limited Partnership

Name: Which of the following forms of business have unlimited liability for all its owner(s)? A) C corporation B) Sole proprietorship C) Limited Partnership
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Question

Quizplus · Accepted Answer

Sole proprietorship is a form of business where the owner has unlimited liability for all its debts and obligations.

Which of the Following Forms of Business Have Unlimited Liability