Multiple Choice
A corporation is a form of business ownership in which:
A) a business is considered a legal entity that is separate from its owners.
B) a single owner actively manages a company.
C) two or more people act as co-owners of a company.
D) the owners of a business have unlimited liability for any claims against the firm.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Describe the basic features of limited partnerships
Q10: Cella, a clothing manufacturer, has licensed Crux
Q11: Wayne has a great idea for a
Q12: A Franchise Disclosure Document:<br>A)contains information about every
Q14: Mention the advantages and limitations of nonprofit
Q16: A disadvantage of a general partnership is
Q17: A corporation is a voluntary agreement under
Q18: Franchising is seldom used to move into
Q90: Which of the following is a difference
Q142: The owner of a sole proprietorship must