Caleb Brown Has Been the Sole Owner of a Bicycle

question 2

Multiple Choice

Caleb Brown has been the sole owner of a bicycle sales and repair shop for several years.Which of the following business types would limit Caleb's personal liability exposure to the entity's debts?

• A)partnership
• B)limited-liability company
• C)sole proprietorship
• D)limited-liability partnership

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Definitions:

Hybridization

The concept of mixing atomic orbitals to create new hybrid orbitals for bonding, explaining the geometry of molecular structures.

Nitrogen Atom

An atom of the element nitrogen, which has the chemical symbol N and is essential for all living organisms as it is a key component of amino acids and nucleic acids.

CCC Bond Angle

The angle between three carbon atoms in a molecular structure, which can vary depending on the specific geometry of the molecule.

Compound

A chemical substance made up of two or more elements combined in a specific ratio, distinct in its chemical composition and properties.