All of the following business organizations provide limited liability to their owners EXCEPT
A) general partnership.
B) S-type corporation.
C) corporation.
D) limited liability company.

Question

Quizplus · Accepted Answer

General partnership does not provide limited liability protection to the owners. In this type of business organization, each partner is personally liable for the debts and obligations of the partnership. The other options mentioned in the question, S-type corporation, corporation, and limited liability company all provide limited liability protection to their owners.

All of the Following Business Organizations Provide Limited Liability to Their