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    Financial Accounting Study Set 1
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    Exam 1: Business Decisions and Financial Accounting
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    The Owner Is Not Responsible for the Entity's Taxes and Debts
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The Owner Is Not Responsible for the Entity's Taxes and Debts

Question 183

Question 183

Multiple Choice

The owner is not responsible for the entity's taxes and debts if the entity is organized as a(n) :


A) corporation
B) sole proprietorship.
C) unlimited liability corporation.
D) limited liability corporation.

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