Which of the Following Categories of Owners Have Unlimited Liability

question 144

Multiple Choice

Which of the following categories of owners have unlimited liability?

• A) general partners in a limited partnership
• B) sole proprietors
• C) shareholders of a corporation
• D) both A and B

Understand the concept of egocentrism and its implications in adolescent self-perception.

Describe Piaget's stages of cognitive development and the key accomplishments in each stage.

Comprehend Kohlberg's theory of moral reasoning and its stages.

Identify different parenting styles and predict their outcomes on child development.

---

Definitions:

Wrongfully Terminated

Dismissed from employment for illegal reasons or in ways that breach the terms of the contract or labor laws.

Franchisor

The party in a franchising agreement that grants the franchisee the right to operate a business under its trademark or trade name.

Arbitrary

Based on random choice or personal whim, rather than any reason or system.

Mandate Retail Prices

The enforcement of fixed prices for goods and services that retailers must adhere to, often set by manufacturers or regulatory bodies.