A business entity formed by two or more individuals who each have unlimited liability for business debts is called a
A) corporation.
B) sole proprietorship.
C) general partnership.
D) limited partnership.
E) limited liability company.
Correct Answer:
Verified
Q1: Which one of the following best describes
Q2: Net working capital is best defined as
A)excess
Q4: Which type of business is the easiest
Q6: Sole proprietorships
A)are expensive to set up.
B)create unlimited
Q6: Which form(s)of business is a treated as
Q7: The treasurer and the controller of a
Q9: Which one of the following statements concerning
Q10: Which one of the following is a
Q17: Which one of the following statements is
Q19: Which one of the following statements concerning
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