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Multiple Choice Question 42

Which of the following business organizational forms subjects the owner(s) to unlimited liability?


a) sole proprietorship

b) partnership

c) corporation

d) a and b

 

 

Multiple Choice Question 44

Which of the following business organizational forms is easiest to raise capital?


a) sole proprietorship

b) partnership

c) corporation

d) a and b

 

 

Multiple Choice Question 50

Which organizational form best enables the owners of the firm to monitor the actions of other owners of the same firm?


public corporation

sole proprietorship

partnership

private corporation

 

 

 

 

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