Which one of the following forms of business organization offers liability protection to some of its owners but not to all of its owners?
A) Sole proprietorship
B) General partnership
C) imited partnership
D) Limited liability company
E) Corporation
Correct Answer:
Verified
Q23: The primary goal of financial management is
Q25: One advantage of the corporate form of
Q27: Limited liability companies are primarily designed to:
A)allow
Q28: Which one of the following is contained
Q30: The primary goal of financial management is
Q33: The Sarbanes-Oxley Act in 2002 was primarily
Q36: A sole proprietorship:
A)provides limited financial liability for
Q37: Which one of the following applies to
Q38: A corporation:
A)is ultimately controlled by its board
Q39: A limited liability company (LLC):
A)is a hybrid
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