Which Type of Business Is Legally Considered a Separate Entity

question 103

Multiple Choice

Which type of business is legally considered a separate entity from its owners and is liable for its own debts?

• A) sole proprietorship
• B) corporation
• C) limited partnership
• D) cooperative
• E) general partnership

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Definitions:

Cardiovascular Disease

A general term for conditions affecting the heart and blood vessels, such as heart disease, stroke, and hypertension, leading causes of morbidity and mortality worldwide.

Mass Media Campaigns

Organized efforts to communicate messages through various media channels to influence the public.

Point of Decision

A critical moment when a choice is made that influences outcomes.

Cost-effective

Denoting an initiative or method that achieves the desired outcome without excessive expenditure, ensuring efficient use of resources.