Which business organization typically has a single owner that has unlimited liability? O partnership O sole proprietorship O corporation Which business organization has unlimited liability and more than one owner? O corporation O partnership sole proprietorship

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
Which business organization typically has a single owner that has unlimited liability?
partnership
sole proprietorship
coгporation
Which business organization has unlimited liability and more than one owner?
corporation
partnership
sole proprietorship
46°F
a
Transcribed Image Text:Which business organization typically has a single owner that has unlimited liability? partnership sole proprietorship coгporation Which business organization has unlimited liability and more than one owner? corporation partnership sole proprietorship 46°F a
Resources
Submit All
Question 3 of 30
Stacy and Miguel are preparing to open a burger joint called "Stacy and Miguel's Burgers and More Burgers." They are still
unclear about the various types of business organizations. Answer the questions to clarify the differences between
business organizations.
Which business organization can raise capital by issuing stock?
sole proprietorship
corporation
O partnership
Which business organization typically has a single owner that has unlimited liability?
partnership
sole proprietorship
&13 PM
46°F
12/15/2021
a
Transcribed Image Text:Resources Submit All Question 3 of 30 Stacy and Miguel are preparing to open a burger joint called "Stacy and Miguel's Burgers and More Burgers." They are still unclear about the various types of business organizations. Answer the questions to clarify the differences between business organizations. Which business organization can raise capital by issuing stock? sole proprietorship corporation O partnership Which business organization typically has a single owner that has unlimited liability? partnership sole proprietorship &13 PM 46°F 12/15/2021 a
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Profit Maximization
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education