Use a Numbered List If the Items Are Non-Sequential in Nature

question 33

True/False

Use a numbered list if the items are non-sequential in nature.

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Definitions:

Unlimited Liability

A legal structure in which the business owners are personally responsible for all of the company's debts and obligations.

General Partnership

A partnership that involves a complete sharing in both the management and the liability of the business.

Limited Liability

A legal structure that limits an owner's loss to the amount invested in a company, protecting personal assets from the company's debts and obligations.