Multiple Choice
Which business organization is recognized as a separate legal entity under the law?
A) Corporation.
B) Sole proprietorship.
C) Partnership.
D) All business organizations are separate legal entities.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q107: If during the current year,liabilities of Corbett's
Q108: Which of the following liabilities would most
Q109: On the statement of financial position,how are
Q110: Total assets plus total liabilities must equal
Q111: Which of the following is correct when
Q113: Which of the following is the primary
Q114: The statement of cash flows provides a
Q115: Profitability may be defined as:<br>A)The ability to
Q116: [The following information applies to the questions
Q117: Deerpark Corporation recently borrowed $70,000 cash from