In Which of the Following Types of Businesses Are the Owners

question 26

Multiple Choice

In which of the following types of businesses are the owners not responsible for the company debts?

• A) sole proprietorship
• B) corporation
• C) general partnership
• D) partnership

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Definitions:

Factor-Comparison Method

A job evaluation method that determines the relative value of a job by comparing it with factor levels in other jobs.

Job-Comparison Chart

A visual tool used to compare different jobs based on specific criteria, such as responsibilities and required skills.

Compensable Job Factor

Elements of a job that are considered when determining pay, such as skill level, effort, responsibility, and working conditions.

Internal Equity

In compensation refers to comparisons made by employees to other employees within the same organization.