All the Business Forms Listed Below Have Limited Liability EXCEPT

question 3

Multiple Choice

All the business forms listed below have limited liability EXCEPT the

• A)limited liability company.
• B)general partnership.
• C)"S" corporation.
• D)corporation.

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Definitions:

One Entity

Refers to a singular organization, business, or individual regarded as a single unit for legal, financial, or operational purposes.

Merger

The combination of two or more companies into a single entity, with the goal of increasing market share or efficiency.

Cookie Manufacturer

A company or business entity involved in the production and distribution of cookies.

Chocolate Manufacturer

A company or business involved in the process of making chocolate from raw cocoa beans, including roasting, grinding, and refining.