A Business Formed by an Individual Who Is Responsible for All

question 33

Multiple Choice

A business formed by an individual who is responsible for all debts and claims against the business is called a:

• A) limited liability company.
• B) conglomerate.
• C) partnership.
• D) sole proprietorship.

---

Definitions:

Foreign Goods

Products or services that are produced in one country and sold in another, outside the country of origin.