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:

Late

Pertains to occurring, acting, or done after the usual, expected, or planned time.

Success

The achievement of set goals, objectives, or desired outcomes, often measured by performance, achievement, or fulfillment.

Information Rich Media

Refers to communication channels that can convey messages in a comprehensive manner through immediate feedback, personal focus, and the use of multiple cues.

Paraverbal Cues

The non-verbal elements of communication used to modify meaning and convey emotion, such as tone of voice, pacing, and volume.