Multiple Choice
What does the fact that a corporation has limited liability mean?
A) Owners' liabilities are limited to the amount invested.
B) It can earn a limited amount.
C) Some of the owners are limited in earnings.
D) The life of the corporation is limited.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q97: What is the first step in incorporating
Q98: The headquarters, seller, and supplier of the
Q99: Karl Metzger plans to invest $5,000 in
Q100: What is a business that is established,
Q103: Jayson Tully is contemplating the purchase of
Q104: To get personal liability protection doctors, lawyers,
Q105: Which of the following is an advantage
Q106: In 1984, Suzanne Pogell wanted to learn
Q107: A corporation can best be described by
Q196: In a limited partnership,all of the partners