In a partnership,the owners of the business and the business are ________,and in a sole proprietorship,the owner of the business and the business are ________.
A) separate legal entities; also separate legal entities
B) not separate legal entities; also not separate legal entities
C) not separate legal entities; separate legal entities
D) separate legal entities; not separate legal entities
Correct Answer:
Verified
Q1: The owner or owners control the day-to-day
Q3: As a form of business,a sole proprietorship
A)has
Q4: The typical firm in many industries has
Q5: A sole proprietorship is limited to how
Q6: Assume you and your best friend set
Q7: Which of the following is an advantage
Q8: Juliana,Gabrielle,and Marcela want to start a business
Q9: _ of people work at firms that
Q10: What does unlimited liability mean?
A)The owners of
Q11: Arturo wants to start a business where
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