Which of the Following Legal Forms of Organization Is Characterized

question 67

Multiple Choice

Which of the following legal forms of organization is characterized by limited liability?

• A) Sole proprietorship.
• B) Partnership.
• C) Corporation.
• D) Professional partnership.

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Definitions:

Psychiatrist

A medical doctor specialized in diagnosing, preventing, and treating mental disorders.

Medical Doctor

A professional who is qualified to treat people who are ill or injured.

Crocodile

A large aquatic reptile with a long snout, powerful jaws, and thick scaly skin, found in tropical and subtropical waters.

Teacher

An educator responsible for instructing students in a particular subject or subjects and guiding their intellectual and personal growth.