If the Personal Assets of the Owners Cannot Be Claimed

question 242

Multiple Choice

If the personal assets of the owners cannot be claimed if the business is bankrupt, the owners are said to have

• A)unlimited liability.
• B)a proprietorship type of business.
• C)limited liability.
• D)a partnership type of business.

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Definitions:

Sediment

Particles that settle at the bottom of a liquid; in medicine, it may refer to the solid material that settles at the bottom of a urine sample.

Urochrome

A pigment that gives urine its typical yellow color, produced as a by-product of the breakdown of hemoglobin in red blood cells.

Uric Acid

A waste product formed from the breakdown of purines, eliminated through urine.

Nocturnal Enuresis

Involuntary urination during sleep, commonly referred to as bedwetting.