Which of the Following Business Organizations Limit the Liability of Some

question 67

Multiple Choice

Which of the following business organizations limit the liability of some or all of their owners to the extent of their investment in the company?

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

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Definitions:

Environmental Culture

The collection of beliefs, practices, and attitudes that a group of people holds regarding their interaction with the environment.

Observable And Core

Elements that are readily visible or detectable, and those that are central or fundamental to a concept or system.

Strategic And Operational

Pertaining to both long-term goals and objectives (strategic) and day-to-day functionalities and efficiencies (operational).

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business, influencing its functioning and performance.