Which of the Following Categories of Owners Have Limited Liability

question 69

Multiple Choice

Which of the following categories of owners have limited liability?

• A)General partners
• B)Sole proprietors
• C)Shareholders of a corporation
• D)Both A and B

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Definitions:

Cryptocurrencies

Digital or virtual currencies that use cryptography for security and operate independently of a central bank, exemplified by Bitcoin and Ethereum.

Intermediaries

Entities or individuals that act as middlemen between different parties in a transaction, facilitating the exchange of goods, services, or information.

Electronic Currencies

digital forms of currency that exist electronically, such as cryptocurrencies, which are used for online transactions.

Dollarization

The process of a country abandoning their currency and using U.S. Dollars or another currency instead.