In which of the following business organization the owners could only lose the money they invested in the business?

Question

Quizplus · Accepted Answer

In a corporation, the owners are shareholders who have limited liability, meaning they can only lose the money they contributed to the company and are not personally responsible for the company's debts. Crown corporations are owned by the government, sole proprietorships are owned by one person who is personally liable for the company's debts, and partnerships involve shared liability among the partners.

In Which of the Following Business Organization the Owners Could