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    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 8: The Organizational Plan: Teams, Legal Structures, Alliances, and Directors
  5. Question
    Which of the Following Organizational Types Results in the Business
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Which of the Following Organizational Types Results in the Business

Question 21

Question 21

Multiple Choice

Which of the following organizational types results in the business owner having unlimited liability?


A) Sole proprietorship
B) LLC
C) Limited partnership
D) Corporation

Correct Answer:

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