What is the major way in which the roles and obligations of the owners of a corporation differ from the roles and obligations of limited partners in a limited partnership?
A) There is no separation between the company and its owners in a corporation
B) The owners of a corporation can withdraw from the company without the company being dissolved.
C) The owners of a corporation can take an active role in running the company.
D) The owners of a corporation have personal obligation for debts incurred by the company.
Correct Answer:
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