In what type of business do the owners bear no personal financial responsibility for the company's debts and obligations?
A) partnerships
B) corporations
C) sole proprietorships
D) in all of the businesses listed in the other answers
Correct Answer:
Verified
Q64: The incentive problem under communist central planning
Q72: The fact that the major indicator of
Q78: The invisible hand promotes society's interests because
A)
Q79: The coordination problem in the centrally planned
Q122: The market system
A)produces considerable inefficiency in the
Q125: "Under central planning, some group has to
Q127: According to the concept of the "invisible
Q133: Two major virtues of the market system
Q136: In the resource market,
A)businesses borrow financial capital
Q140: Suppose that an individual sees a tremendous
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents