One Who Assumes All Risks for the Business and Whose

question 82

Short Answer

One who assumes all risks for the business and whose personal assets can be taken to pay creditors is called a(n)____________________.

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Definitions:

Thinking Styles

Thinking styles refer to the diverse ways in which individuals process information, solve problems, and make decisions.

Communication Process Model

A theoretical framework that describes the process through which information is transmitted from a sender to a receiver.

Decimal Place

The position of a number to the right of a decimal point, used to denote fractions of a whole number.

Divide

A mathematical operation in which one number (the dividend) is divided by another (the divisor), resulting in a quotient and sometimes a remainder.