Of the Following Forms of Business Organization, Which Have Stockholders

question 81

Multiple Choice

Of the following forms of business organization, which have stockholders with limited liability?

• A) proprietorships
• B) partnerships
• C) corporations
• D) limited partnerships

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Definitions:

Outcome

The result of a single trial or realization of an experiment or random event.

P(A ∪ B)

The chance that either event A or event B, or both, will happen.

P(B | A)

The probability of event B occurring given that event A has already occurred, representing a conditional probability.

Finalists

The remaining candidates in a competition or selection process who have passed through preliminary rounds and are considered for the final award or decision.