The Characteristics Below Apply to at Least One of the Forms

question 182

Not Answered

The characteristics below apply to at least one of the forms of business organization.
a. Is a separate legal entity.
b. Is allowed to be owned by one person only.
c. Owner or owners are personally liable for debts of the business.
d. Is a taxable entity.
e. Is a business entity.
f. May have a contract specifying the division of profits among the owners.
g. Has an unlimited life
Use the following format to indicate (with a "yes" or "no") whether or not a characteristic applies to each type of business organization.

---

Definitions:

Genetics

The study of heredity and the variation of inherited characteristics.

Territories

Designated geographic areas that are defended by animals or humans from others of the same species, often for the purpose of protecting resources, mating opportunities, or living space.

Perfect Pitch

The rare ability to identify or recreate a musical note without the need for an external reference.

Probable Origin

Refers to the most likely source or starting point of something, often used in discussions of disease emergence or the evolutionary beginnings of species.