In Which of the Following Ways Is a Limited Liability

Multiple Choice

In which of the following ways is a limited liability partnership like a corporation?

A) Both types of firm were created and developed first in Canada.
B) Both can choose to be considered a partnership for tax purposes.
C) All of its owners' liability is restricted to their investment in the firm.
D) It is directly managed by the owners of the firm.
E) Owners have unlimited personal liability for the negligence of those whom they supervise.