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goji.go goji.go
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11 years ago
Traci and Sally have considered starting their own business but are concerned about the possibility of losing their personal assets if the business fails. One way for Traci and Sally to avoid this risk would be to organize their company as a ________.
A) general partnership
B) limited partnership
C) corporation
D) sole proprietorship
E) merger
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Diesel
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bbb
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#1
11 years ago
C) A corporation offers the advantage of limited liability for all of its owners. Although a limited partnership also has limited liability, even a limited partnership must have at least one general partner with unlimited liability. Sole proprietors and general partnerships have 100% liability.
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goji.go Authorgoji.go
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11 years ago
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Diesel

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