Which of the Following Business Organizations Do Not Limit the Liability

question 93

Multiple Choice

Which of the following business organizations do not limit the liability of some or all of their owners to the extent of their investment in the company?

• A) proprietorships and partnerships
• B) corporations and proprietorships
• C) limited partnerships and proprietorships
• D) corporations and limited partnerships

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Definitions:

Property Rights

Legal rights to possess, use, and dispose of assets or land.

Polluters

Entities that emit harmful substances into the environment, contributing to pollution.

Government Regulation

Rules and laws established by governmental bodies designed to control and govern the conduct of individuals, businesses, and other organizations within a society.