Essentials of Business Law 7th Edition by Anthony Liuzzo

Exercise 1

Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column.
a. articles of incorporation
b. corporation
c. duty of care
d. duty of loyalty
e. partnership
f. joint venture
g. limited liability company
h. limited partnership
i. sole proprietorship
j. subchapter S
A relatively new organizational form available in most states that provides all of the owners with limited liability.