A Business Formed by Two or More Individuals Who Each

question 43

Multiple Choice

A business formed by two or more individuals who each have unlimited liability for all of the firm's business debts is called a:

• A) corporation.
• B) sole proprietorship.
• C) general partnership.
• D) limited partnership.
• E) limited liability company.

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Definitions:

Insecure

Lacking protection or safety in a digital context, often relating to data or network security.

Yes/No Data Type

A data type in databases that stores boolean values, representing true/false or yes/no options.

Graduated

Completed the requirements of a course of study, resulting in the awarding of a degree, diploma, or certificate.

Students Table

In database contexts, a table that contains information or records related to students, such as their ID, name, and course details.