Which of the Following Statements Is Incorrect

question 23

Multiple Choice

Which of the following statements is incorrect?:

• A) The liability of shareholders to contribute to the debts of an insolvent company is limited.
• B) A sole proprietorship is an accounting entity.
• C) Individual partners are personally liable for partnership debts.
• D) Partnerships are regarded as separate legal entities.

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Definitions:

Microorganisms

Tiny living organisms, such as bacteria, viruses, fungi, and protozoa, that can only be seen with a microscope and can live in various environments.

Bed Change

The process of changing the bed linens, often done to maintain cleanliness and comfort for patients or individuals in care settings.

Earwax

A natural, protective substance secreted by glands in the ear canal, known medically as cerumen, that cleans, lubricates, and guards the ear against dust, bacteria, and other foreign particles.

Hearing Aid

An electronic device that amplifies sound to assist individuals who have a hearing impairment.