Multiple Choice
A business entity which is legally separate and distinct from its owners is called a:
A) corporation
B) sole proprietorship
C) partnership
D) service company
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: Limited liability means:<br>A)A company is only liable
Q39: The primary objective of financial reporting is
Q40: Which type of business is required to
Q41: Which of the following is an external
Q42: One of the following is not one
Q44: IFRS stands for:<br>A)International Financial Reporting System<br>B)International Financial
Q45: Which of the following would best describe
Q46: Describe what constitutes a stakeholder and then
Q47: The function of business responsible for providing
Q48: Which of the following has the longest