Owners enjoy limited liability in a a) partnership b) corporation c) sole proprietorship d) proprietorship
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Owners enjoy limited liability in a
a)
b) corporation
c) sole proprietorship
d) proprietorship
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- Which of the following are limited liability entities? A. General partnership B. General liability company C.sole proprietorship D. S corporationWhich of the following categories of owners have unlimited liability? Select one: a. both A and B b. sole proprietors c. shareholders of a corporation d. general partners in a limited partnershipDistinguish the difference between Limited Liability Corporation vs Limited Liability Partnership.
- The Loan payoff schedule contains which of the following/s a. annual payment o b. All of them c. Interest payment d. Principal paymentAnalyse the concept of “Limited liability” for: Limited Liability Partnership Private CompanyDescribe the difference between a sole proprietorship, a partnership, and a corporation?
- How the limited liability partnership is differs to a limited liability company?Owners in which of the following forms of business have unlimited liability? a. sole proprietorships b. limited partnerships c. corporations d. LLCsWhich of the following is correct? a.A partnership is a reporting entity but not a taxable entity. b.A partnership is a taxable entity and a reporting entity. c.A corporation is a reporting entity but not a taxable entity. d.An individual is a reporting entity but not a taxable entity.
- Determine whether each characteristic describes a general partnership (GP), limited liability company(LLC), both, or neither. Owners have limited liability.ESSAY: Differentiate Corporation from PartnershipWhich of the following is correct? a.A partnership is a reporting entity but not a taxable entity. b.An individual is a reporting entity but not a taxable entity. c.A corporation is a reporting entity but not a taxable entity. d.A partnership is a taxable entity and a reporting entity.