Multiple Choice
What type of liability means that business damages and/or debts can also be attached to the personal assets of the owners?
A) informal liability
B) limited liability
C) unlimited liability
D) funding liability
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: One of the advantages of the sole
Q3: Which of the following provides the legal
Q4: An advantage of a partnership is the
Q5: A private corporation sells only half of
Q6: Which of the following statements best describes
Q7: Why do most private companies become public
Q8: Which of the following is an advantage
Q9: A corporation can best be described by
Q10: Which type of merger brings together companies
Q11: The franchisor generally does NOT provide the