The Only Type of Business That Faces Limited Liability Is

question 106

True/False

The only type of business that faces limited liability is a corporation.

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Definitions:

Cessation

The action of bringing or coming to an end; a halt.

Teen Birthrate

Teen birthrate refers to the number of live births per 1,000 females within the age group of 15-19 years in a given population.

Ethnic Group

A community or population made up of people who share a common cultural background, ancestry, history, language, or social experiences.

U.S. Population

The total number of people living in the United States, encompassing various ethnicities, cultures, and socio-economic groups.