If Business Owners in a Partnership Wish to Limit Liability

question 14

Multiple Choice

If business owners in a partnership wish to limit liability, they have the option to ______.

• A) pledge funds
• B) divide into sole proprietorships
• C) set up a limited partnership
• D) withhold funds

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Definitions:

Federally Funded

Describes programs or projects that receive their financial support from the federal government.

Intervention Program

A program designed to provide targeted support, therapy, or education to improve specific outcomes in individuals or populations.

Preschool Classroom

An educational setting designed for early childhood education, catering to children typically between the ages of three and five years.

Play Areas

Designated spaces, often in parks or schools, that are specifically designed for children's play.