Which type of business organization exposes its owner(s)to unlimited liability?
A)corporation
B)partnership
C)sole proprietorship
D)Two of these are correct.

Name: Which type of business organization exposes its owner(s)to unlimited liability? A)corporation B)partnership C)sole proprietorship D)Two of these are correct.
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Question

Quizplus · Accepted Answer

Partnerships and sole proprietorships expose their owners to unlimited liability, meaning the owners are personally responsible for the debts of the business.

Which Type of Business Organization Exposes Its Owner(s)to Unlimited Liability