Forms of Business Organizations That Limit the Liability of Their

question 15

Multiple Choice

Forms of business organizations that limit the liability of their owners are available to businesspersons around the world.Among the features that such firms have in common, in most nations

• A)articles of organization must be filed to form the enterprise.
• B)one of the owners must be a foreign entity.
• C)the organization can have an unlimited number of owners.
• D)the owners are not required to choose persons to manage the business.

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Definitions:

Accessible Attitude

Accessible attitude refers to an attitude that is easy to recall from memory due to its frequency of activation or the strength of associated beliefs and experiences.

Correspond With Behaviour

To match or align with actions; the degree to which stated beliefs or attitudes are reflected in one’s actions.

Recall

The act of retrieving information or memories from the past without the aid of external cues.

Direct Experience

Knowledge or skill acquisition resulting from active participation or firsthand involvement in events or activities.