Which of the Following Forms of Business Organisation Is Characterised

question 42

Multiple Choice

Which of the following forms of business organisation is characterised by limited liability?

• A) Sole partnership
• B) Partnership
• C) General partnership
• D) Corporation

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Definitions:

Variability

Variability is a statistical concept that describes the extent to which data points in a data set differ from each other and from the average or mean value of the set.

Measure

A tool or instrument used to quantitatively assess or determine the extent, dimensions, quantity, or capacity of something.

Manipulation

The act of controlling or influencing a person, situation, or system often in a skillful manner.

Bar Graph

A visual presentation that uses bars to depict frequencies of responses, percentages, or means in two or more groups.