menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Introduction to Business
  4. Exam
    Exam 4: Forms of Business Ownership
  5. Question
    A Term That Means That Business Damages And/or Debts Can
Solved

A Term That Means That Business Damages And/or Debts Can

Question 65

Question 65

Multiple Choice

A term that means that business damages and/or debts can also be attached to the personal assets of the owners is ______ liability.


A) limited
B) informal
C) funding
D) unlimited
E) asset

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q26: A(n)_ is the purchase of a corporation

Q31: Distinguish between a merger and an acquisition.

Q60: Three Sisters Specialty Foods, owned by Judith

Q61: Restricted operating freedom in franchising means that

Q63: IBM purchased MRO Software Inc.for $740 million.MRO

Q64: Changing demographics drive the franchise industry growth.

Q65: A disadvantage of a partnership is that

Q67: Why do most large companies have outside

Q68: Thom Georges wants to open a store

Q70: Jayson Tully is contemplating the purchase of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines