In which of the following organization forms are the owners’ legal responsibility for the debt of the business limited to the amount they invested in the business?

Are you having trouble answering the question “In which of the following organization forms are the owners’ legal responsibility for the debt of the business limited to the amount they invested in the business?”? If that’s the case, you don’t need to worry anymore. Azanswer has brought you the correct answer to your question.

In which of the following organization forms are the owners’ legal responsibility for the debt of the business limited to the amount they invested in the business?

A) Sole proprietorship
B) Corporation
C) Partnership
D) Cooperative

Answer: B

We hope you have got the correct answer to your question “In which of the following organization forms are the owners’ legal responsibility for the debt of the business limited to the amount they invested in the business?”, which was part of Accounting MCQs & Answers. Thanks for choosing us.

Leave a Reply 0

Your email address will not be published. Required fields are marked *