Unlimited liability is NOT a characteristic of
A) corporations.
B) partnerships.
C) proprietorships.
D) the market economy today.

Name: Unlimited liability is NOT a characteristic of A) corporations. B) partnerships. C) proprietorships. D) the market economy today.
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Question

Quizplus · Accepted Answer

Corporations have limited liability, meaning that the personal assets of shareholders are protected and they are only liable for the amount they invested in the company.

Unlimited Liability Is NOT a Characteristic of