Which of the Following Forms of Ownership Holds the Business

question 231

Multiple Choice

Which of the following forms of ownership holds the business owner personally liable for business debts and claims?

• A) sole proprietorship
• B) corporation
• C) limited liability partnership
• D) general partnership
• E) limited liability corporation

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Definitions:

Distortion

Distortion refers to the alteration of the original shape or other characteristic of an object, signal, or representation, often leading to a misinterpretation of the original.

Crime Rate

The number of crimes reported in a given area over a specific period of time, usually standardized per 100,000 people.

Number of Crimes

The total count of criminal acts reported or recorded in a specific area or during a certain period.

Slope

The measure of the steepness or incline of a line on a graph, representing the rate of change.