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Which Type of Business Ownership Has Limited Liability

question 54

Multiple Choice

Which type of business ownership has limited liability?


Definitions:

Smallpox Immunity

Refers to the resistance against the smallpox virus, often acquired through vaccination or previous infection.

Excess Population

A situation where a population exceeds the carrying capacity of its environment or economy, potentially leading to social and environmental issues.

English Calvinists

A religious group originating from the 16th century Reformation, emphasizing the sovereignty of God and the doctrine of predestination.

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