Identify the business entity form that does not provide limited liability for its owners. a. limited liability company b. Subchapter S corporation c. sole proprietorship d. limited partnership
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- Which of the following are limited liability entities? A. General partnership B. General liability company C.sole proprietorship D. S corporationOwners in which of the following forms of business have unlimited liability? a. sole proprietorships b. limited partnerships c. corporations d. LLCsLimited liability is the strength of o a. Sole Proprietorship b. Partnership c. Corporation d. None of them
- Define Limited liability company.Which forms of business organization, ownership is readily transferable? a. Corporation b. Sole Proprietorship c. Limited Liability Company d. PartnershipWhich business entity could have common stock authorized? O A. a sole proprietorship O B. a partnership O C. a limited liability company O D. a corporation O E. All of the above could theoretically have common stock authorized.
- Which of the following is NOT a form of ownership that the entrepreneur should consider? a. Sole proprietorship b. Limited partnership c. Corporation d. General partnershipA business created as a distinct legal entity composed of one or more individuals or entities is known as a: Select one: a. None of the given answers is correct. b. Sole proprietorship c. Owner-managed entity d. PartnershipWhich business organization has the most legal formality requirements? a. Corporation b. Partnership c. Joint Ventures d. Sole proprietorship
- Which of the following forms of business organization formats does not offer at least some liability protections to the owners Select one: а. С CORP b. LLC c. S CORP d. LLP e. GENERAL PARTNERSHIP O O OIn which firm the agreement is Oral or Written? A. Partnership B. Sole Proprietorship C. HUF D. Co-operative SocietyWhich of the following categories of owners have unlimited liability? Select one: a. both A and B b. sole proprietors c. shareholders of a corporation d. general partners in a limited partnership