Which of the Following Forms of Ownership Holds the Business

question 88

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:

Vocal Quality

The characteristics of a person's voice including tone, pitch, and loudness that distinguish it from others.

3 Months

A time period equivalent to roughly 12 weeks or about 90 days, often used to measure the early stages of development and change.

Piaget

Jean Piaget was a Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development.