Which One of the Following Forms of Business Organization Offers

question 25

Multiple Choice

Which one of the following forms of business organization offers liability protection to some of its owners but not to all of its owners?

• A)Sole proprietorship
• B)General partnership
• C)Limited partnership
• D)Limited liability company
• E)Corporation

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Definitions:

Human Variation

The genetic, physiological, and cultural differences that exist among individuals within and between human populations.

Hypodescent Rule

A sociological principle where a child of mixed racial heritage is classified as belonging to the racial group that is considered subordinate or oppressed.

Assigning Race

The practice or process of determining an individual's race based on physical characteristics, ancestry, cultural affiliation, or self-identification.

Minority Group

A social group that occupies a subordinate position in society and receives unequal treatment, often identified by racial, ethnic, religious, or sexual orientation differences.