Which of the Following Business Entities Has No Provision That

question 31

Multiple Choice

Which of the following business entities has no provision that limits some or all of the liability of the owner?

• A)C corporation
• B)Sole proprietorship
• C)S corporation
• D)Limited liability company

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Definitions:

Social Networking

The use of internet-based platforms and websites to build and maintain connections with friends, family, and professional contacts.

Chain Of Command

The hierarchical structure in an organization that outlines authority and responsibility, directing how orders are passed down from top-level management to lower-level employees.

Managing Change

The process of planning, implementing, and monitoring changes in organizations to improve efficiency or effectiveness.

Effective Organizations

Organizations that achieve their goals efficiently and effectively by optimizing processes and ensuring employee satisfaction and engagement.