Answered: Identify the business entity form that…

Identify the business entity form that does not provide limited liability for its owners. a. limited liability company b. Subchapter S corporation c. sole proprietorship d. limited partnership

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

Identify the business entity form that does not provide limited liability for its owners.
a. limited liability company
b. Subchapter S corporation
c. sole proprietorship
d. limited partnership

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