Give typing answer with explanation and conclusion Which of the following entities does not have limited liability? Select one: a. General partnership. b. LLC taxed as a disregarded entity. c. S corporation. d. All of the above have limited liability.

Give typing answer with explanation and conclusion Which of the following entities does not have limited liability? Select one: a. General partnership. b. LLC taxed as a disregarded entity. c. S corporation. d. All of the above have limited liability.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Give typing answer with explanation and conclusion

Which of the following entities does not have limited liability?

Select one:

a. General partnership.

b. LLC taxed as a disregarded entity.

c. S corporation.

d. All of the above have limited liability.

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