Multiple Choice
There are three forms of business organization. Which of the following has unlimited liability?
I. Corporation
II. General partnership
A) I only
B) II only
C) Both I and II
D) Neither I nor II
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: Agency costs include all of the following
Q21: Corporate officers normally include all the following
Q23: One method of decreasing the cash outflows
Q26: What are the shortcomings in the profit
Q34: Financial decisions should be consistent with the
Q35: The activities of the treasurer include all
Q48: The advantages of the corporate form of
Q52: The two most important disciplines on which
Q69: are important because the financial health of
Q80: Shareholder wealth is measured by the _.<br>A)