Which of the Following Is True

question 144

Multiple Choice

Which of the following is true?

• A) under the partnership form of business organization, the owners are not personally liable for the debts of the business.
• B) when employees also own a business, their incentive to shirk is removed.
• C) the limited liability of stockholders under the corporate business structure makes it easier to raise equity capital.
• D) under the corporate form of business organization, the owners of the firm are personally liable for its debts.