Limited Liability May Be a Characteristic of Each of the Following

question 158

Multiple Choice

Limited liability may be a characteristic of each of the following form(s) of organization EXCEPT a ________________.

• A) Sole proprietorship.
• B) Corporation.
• C) Limited partnership.
• D) Limited liability company.
• E) Co-operative(Co-op)

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Definitions:

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

Insulation

Insulation refers to materials used to reduce the rate of heat transfer, or the method of installing such materials to help maintain a desired temperature in buildings or protective clothing.

Proximate Explanation

An explanation that focuses on the immediate cause or mechanism of a biological trait or behavior.

Singing

The act of producing musical sounds with the voice, often characterized by a distinct pitch, rhythm, and a series of notes that sound pleasing to the listener.