Which of the Following Forms of Ownership Holds the Business

question 88

Multiple Choice

Which of the following forms of ownership holds the business owner personally liable for business debts and claims?

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

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Definitions:

Sedentary Lifestyle

A way of life that involves little physical activity, often associated with sitting for extended periods, which can lead to health issues.

Health-related Problems

Issues or conditions that impact an individual's physical well-being and require medical attention or intervention.

Aerobic Exercise

Physical activity that requires the pumping of oxygenated blood by the heart to deliver oxygen to working muscles, enhancing cardiovascular efficiency.

Base of Support

The area beneath an object or person that includes every point of contact that the object or person makes with the supporting surface.