Which of the Following Is True

Multiple Choice

Which of the following is true?

A) under the partnership form of business organization, the owners are not personally liable for the debts of the business.
B) when employees also own a business, their incentive to shirk is removed.
C) the limited liability of stockholders under the corporate business structure makes it easier to raise equity capital.
D) under the corporate form of business organization, the owners of the firm are personally liable for its debts.