Which of the Following Forms of Business Structure Provides Limited

question 3

Multiple Choice

Which of the following forms of business structure provides limited liability for the personal assets of the owners?

• A)sole proprietorship
• B)general partnership
• C)LLC
• D)partnership by implication
• E)All of the above provide limited liability.

---

Definitions:

Flying Car

A type of vehicle that can function both as a standard road vehicle and an aircraft, offering a personal air travel option.

Ultimate Consumers

The end-users who purchase and use products and services for their personal use, as opposed to buying them for resale or production.

Organizational Buyers

Refers to entities such as businesses, governments, and institutions that purchase goods or services for use in the production of other goods and services, for resale, or for general business operations.

Innate Sense

A natural or instinctive ability or understanding, often referred to in the context of intuition or inherent skills.